James I., in the preamble of the charter to the town of Coleraine, thus described his intentions in disposing of the forfeited lands to English undertakers: 'Whereas there can be nothing more worthy of a king to perform than to establish the true religion of Christ among men hitherto depraved and almost lost in superstition; to improve and cultivate by art and industry countries and lands uncultivated and almost desert, and not only to stock them with honest citizens and inhabitants, but also to strengthen them with good institutions and ordinances, whereby they might be more safely defended not only from the corruption of their morals but from their intestine and domestic plots and conspiracies, and also from foreign violence: And whereas the province of Ulster in our realm of Ireland, for many years past, hath grossly erred from the true religion of Christ and divine grace, and hath abounded with superstition, insomuch that for a long time it hath not only been harassed, torn, and wasted by private and domestic broils but also by foreign arms: We therefore, deeply and heartily commiserating the wretched state of the said province, have esteemed it to be a work worthy of a Christian prince, and of our royal office, to stir up and recal the same province from superstition, rebellion, calamity, and poverty, which heretofore have horribly raged therein, to religion, obedience, strength, and prosperity.

And whereas our beloved and faithful subjects the mayor and commonalty and citizens of our city of London, burning with a flagrant zeal to promote such our pious intention in this behalf, have undertaken a considerable part of the said plantation in Ulster, and are making progress therein'.
King James, having heard very unsatisfactory reports of the progress of the plantation, wrote a letter to the lord deputy in 1612, strongly complaining of the neglect of the 'Londoners' to fulfil the obligations they had voluntarily undertaken.

He had made 'liberal donations of great proportions of those lands to divers British undertakers and servitors, with favourable tenures and reservations for their better encouragement; but hitherto neither the safety of that country, nor the planting of religion and civility among those rude and barbarous people, which were the principal motives of that project, and which he expected as the only fruits and returns of his bounty, had been as yet any whit materially effected.

He was not ignorant how much the real accomplishment of the plantation concerned the future peace and safety of that kingdom; but if there was no reason of state to press it forward, he would yet pursue and effect that object with the same earnestness, 'merely for the goodness and morality of it; esteeming the settling of religion, the introducing of civility, order, and government among a barbarous and unsubjected people, to be acts of piety and glory, and worthy also a Christian prince to endeavour.' The king therefore ordered that there should be a strict inquiry into the work done, because 'the Londoners pretended the expense of great sums of money in that service, and yet the outward appearance of it was very small.' The lord deputy was solemnly charged to give him a faithful account without care or fear to displease any of his subjects, English or Scottish, of what quality soever.' Sir Josias Bodley was the commissioner appointed for this purpose.

He reported very unfavourably, in consequence of which his majesty called upon the Irish society and the several companies to give him an account of their stewardship.