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An abortive attempt by the Earl of Lincoln had already
been made when the Statute 43 Eliz. c. 10. 11. was passed in the year
1601. This made legal the action of projectors in the recovery of marsh
land. Many difficulties, however, such as lack of funds and opposition
on the part of the inhabitants and neighbors of the fens, still stood
in their way. In 1605 Sir John Popham and Sir Thomas Fleming headed a
company which undertook to drain the Great Level of the Cambridgeshire
fens, consisting of more than 300,000 acres, at their own cost, on the
understanding that 130,000 acres of the reclaimed land should fall
to their share. The project was a complete failure. Another statute
granting a patent for draining the fens is found in the seventh year of
Jac. I. c. 20, and the attempt was renewed from time to time throughout
the reigns of James and Charles I. It was not, however, until the
Restoration that these efforts were finally crowned with success.

When the remonstrance was made to James in 1621, the object of the
petitioners was gained, as we have seen, by throwing all the blame upon
the patentees and projectors.
Similarly, the dramatists often prefer
to make their attack, not by assailing the institution of monopolies,
but by ridicule of the offending subjects. [79] Two agents are regularly
distinguished. There is the patentee, sometimes also called the
projector, whose part it is to supply the funds for the establishment
of the monopoly, and, if possible, the necessary influence at Court;
and the actual projector or inventor, who undertakes to furnish his
patron with various projects of his own device.

Jonson's is probably the earliest dramatic representation of the
projector. Merecraft is a swindler, pure and simple, whose schemes are
directed not so much against the people whom he aims to plunder by the
establishment of a monopoly as against the adventurer who furnishes
the funds for putting the project into operation:

. . . Wee poore Gentlemen, that want acres,
Must for our needs, turne fooles vp and plough _Ladies_.

Both Fitzdottrel and Lady Tailbush are drawn into these schemes so
far as to part with their money. Merecraft himself pretends that he
possesses sufficient influence at Court. He flatters Fitzdottrel, who
is persuaded by the mere display of projects in a buckram bag, by
demanding of him 'his count'nance, t'appeare in't to great men'
(2. 1. 39). Lady Tailbush is not so easily fooled, and Merecraft has
some difficulty in persuading her of the power of his friends at Court
(Act 4. Sc. 1).