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, and alter att pleasure," with "libertye to take myne oare and synders, either to be used att the workes or otherwise," &c. By "synders" is meant the refuse of the old forges, but which, by the new process, could be made to yield a profitable per centage of metal, which the former method had failed to extract. Early in the year following (17 Feb. 1612), a similar "bargayne" was made with no less a person than William, Earl of Pembroke, elder brother of Sir Philip Herbert, one of James I.'s earliest favourites. His high position did not prevent him, therefore, from engaging in manufacture and trade, only in the prosecution of them he would be made to pay accordingly. Thus, whilst the former party paid 3s. for each cord of wood, the earl was charged 4s. for 12,000 cords yearly for twenty-one years, or 200 pounds per annum, with 33 pounds 6s. 8d. besides, all for fuel only. He was, however, "to have allowance of reasonable fireboote for the workmen out of the dead and dry wood, and to inclose a garden not exceedinge halfe an acre to every howse, and likewise to inclose for the necessity of the workes the number of XII. acres to every severall worke; the howses and enclosures to be pulled downe and layd open as the workes shall cease or remove." Similar appreciation of the remunerative character of iron making occurs in connection with a still more illustrious person. There exists a letter, dated 7 May, 1611, addressed by Sir Francis Bacon to Cecil, Lord Salisbury, endorsed, "Ld Lisle, Sir F. Bacon, and others, to be preferred in the sale intended in the Forest of Deane for some reasonable portion of wood, for maintenance of their Wire-works, paying as any others." The letter itself runs in these words:-- "It may please your good Lordship, "Understanding that his Majesty will be pleased to sell some good portion of wood in the Forest of Deane, which lies very convenient to the Company's Wire Works at Tynterne and Whitebrooke, we are enforced to have recourse to your lordship, as to our Governor of the said Company, humbly praying your lordship to afford us some reasonable quantity thereof, the better to uphold the said works, whereof by information from our farmers there, we stand in such need, as without your lordship's favour we shall hardly be able to subsist any long time. We do not entreat your lordship for any other or more easy price than that your lor
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