The following were the inducements held out to the City:—
“If multitudes of men were employed proportionally to these commodities which might be there by industry attained, many thousands would be set on work to the great service of the King, strength of his realm, advancement of several trades, and benefit of particular persons, whom the infinite increasing greatness (that often doth minister occasion of ruin to itself) of this city might not only conveniently spare, but also reap a singular commodity by easing themselves of an insupportable burthen which so surcharged all the parts of the city that one tradesman can scarce live by another, which in all probability would be a means also and preserve the city from infection; and by consequence the whole kingdom, of necessity, must have recourse thither, which persons pestered or closed up together can neither otherwise or very hardly avoid” (London and Londonderry, p. 7).
On July 1, 1609, the Court of Aldermen sent a precept to each of the City Companies asking them to appoint representatives to consider the propositions. The Companies refused to undertake this work. Thereupon the Mayor appointed a Committee, ignoring the refusal of the Companies, to carry out the undertaking. This Committee sent an order to the Companies to ascertain what each member would willingly undertake.
On August 1, 1609, the City sent out four “viewers” to survey the place intended for the new Plantation and “to make report to this City.” The viewers returned in December, when it was resolved that £15,000 should be raised to meet preliminary expenses. The money was to be raised in the Companies, not by the Companies. Meantime the City asked for certain additional advantages, including forces for defence to be maintained at the King’s charges. It was agreed that 200 houses should be built at Derry, leaving room for 300 more, and that 100 houses should be built at Coleraine, leaving room for 200 more, and that fortifications should be constructed. Another sum of £5000 was then ordered to be raised. In January 1610 the demands of the City were granted by the Privy Council. It is important to observe that the “undertaking” by the City was not a purchase by the Companies, but taxation of the members of the Companies by order of the City, just as any other tax was imposed and collected. Some of the poorer Companies were exempted, but not the “abler” men among them.
In July 1611 another contribution of £20,000 was raised by tax. In this case those Companies which might choose to lose the benefits resulting from their previous contributions were exempt—a privilege accepted by two of the Companies.
Power was given by the Common Council to the Committee of the Corporation, afterwards the Irish Society, to divide the land among those Companies willing to accept them, and so “to build and plant the same at their own cost and charges, accordingly as by the Printed Book of Plantation is required.” Eight of the great Companies accepted at once, and the other four shortly afterwards.
Meantime the Privy Council made certain conditions, among them the following:—
“The Londoners are first to provide habitations for such poor and necessary men as they draw thither for their business, and afterwards to let for such rents as shall be fitting as well for the good of the Plantation as for some valuable rent (the charges considered), the Londoners always performing the Articles of Plantation” (London and Londonderry, pp. 12, 13).
It would appear from this that the subscribers were intended to get rent in return for their outlay, but they never did, because the Companies added the rents of the land to their own corporate funds. As the subscribers do not appear to have objected, this was probably done openly and without any remonstrance or objection.
Complaints began to be made that the conditions were not carried out; only twenty houses were built at Derry instead of the 200 promised; the Londoners were converting the timber to their own profit. In December 1612 the King wrote to Sir Arthur Chichester, the Lord Deputy:—