(1) The narrative, A Briefe Relation of The Voyage Unto Maryland,
is printed in The Calvert Papers, Number Three Maryland Historical
Society, Fund Publication, No. 35 (Baltimore, Md., 1899), and in
Clayton Colman Hall, ed., Narratives of Early Maryland, 1633-1684
(New York, 1910, reprinted 1967), 29-45. The document as printed in
The Calvert Papers, Number Three has been reproduced in pamphlet
form for the 350th anniversary of Maryland's founding by the Hall of
Records Commission for the Tri-County Council for Southern Mary-
land and the Maryland Heritage Committee.

   (2) Lois Green Carr and Edward C. Papenfuse, "The Maryland
Charter" in A Declaration of The Lord Baltemore's Plantation in
Mary-land, The Maryland Hall of Records, 350th Anniversary Docu-
ment Series, no. 2 (Annapolis, Md., 1983); Russell R. Menard and
Lois Green Carr, "The Lords Baltimore and The Colonization of
Maryland" in David B. Quinn, ed., Early Maryland in a Wider World
(Detroit, Mich., 1982), 167-185, hereafter cited as Menard and Carr,
"The Lords Baltimore."

   (3) This section is based primarily on ibid.

   (4) For details on the conversion and its consequences, see John D.
Krugler, " 'The Face of a Protestant and the Heart of a Papist': A
Reexamination of Sir George Calvert's Conversion to Roman Catholi-
cism," Journal of Church and State 20 (1978): 507-531.

   (5) This estimate is based on evidence for rents on renewed leases on
the Herbert estate in Wiltshire, 1510-1659, discussed in Eric Kerridge,
"The Movement of Rent, 1540-1640," Economic History Review,
2nd Ser., 6 (1953-1954): 24-25 (Tables I, II). In the 1630s, rents on
renewed leases were about 58 pence per acre. If rent is capitalized at 10
per cent, which was then current practice in determining entry fees for
renewing leases (ibid., 21), the value of the land was 48 shillings per
acre.

   (6) This is quoted from "Conditions propounded by the Lord Balte-
more, to such as shall goe, or adventure into Maryland," printed in A
Relation of Maryland (London, 1635) and reprinted in Hall, ed., Nar-
ratives of Early Maryland, 91.

   (7) Michael Chatfield, A History of Accounting Thought, rev. ed.
(New York, 1977), 79-80.

   (8) On fur trade profits in the area, see J. Frederick Fausz, Profits,
Pelts, and Power: The "Americanzation" of English Culture in the
Chesapeake, 1620-1652 (paper presented to the American Historical
Association, December, 1982).

   (9) On the early history of toleration in the colony, see John D.