Guy was one of the most distinguished Bristol merchants of his day and, according to Aubrey, ‘the wisest man of his time in that city’.
In 1608 Guy made a voyage to Newfoundland, and subsequently wrote ‘a treatise to animate the English to plant there’. He secured enough support for the incorporation in 1610 of ‘the Company of adventurers and planters of the cities of London and Bristol for the colony or plantation in Newfoundland’, and himself took out a party of 40 to Cupers Cove. The settlement’s most recent historian contrasts the careful planning of the Newfoundland venturers with ‘the lackadaisical behaviour’ of the Virginians. Guy himself tried to develop glass and iron works and, despite the danger from piracy, to build up a trade in naval stores and furs as well as in fish. He misjudged the agricultural prospects, but ascribed the failure of the settlement principally to the parsimony of the Company’s treasurer, a London merchant.
Guy was returned with John Whitson to the third Jacobean Parliament. Before its opening he and Whitson received a request from their fellows in the Society of Merchant Venturers to use their ‘best endeavour’ to secure parliamentary confirmation of its charters, but despite further correspondence and the full approval of the corporation no such bill was introduced.
Guy made at least five speeches on the bill for free fishing off the American coast, a measure which was principally directed at the New England patent held by Sir Ferdinando Gorges† but which he believed to be poorly aimed.
During the summer recess it fell to Guy to respond for Bristol to the Privy Council’s examination into the reasons for the decay of trade. Among more general matters, he instanced the restraint of Bristol’s trade in Pembrokeshire wool and ‘the decay of fishing in Newfoundland’.
In the summer of 1622 Guy was sent up to London to lobby on behalf of the corporation which was seeking control over Bristol Castle.
The reason why all tillages are turned to sheepcotes is because that wool bears a better price than corn which is occasioned because that all things made of wool are transported at all times and corn cannot be transported but at a very low price. ... The clothier makes poor, but the husbandman maintains and relieves poor. ... He would have it lawful to transport corn when it is not above 4s. [the] bushel.
‘Nicholas 1624’, f. 136v;
He gave his account of the purveyance compositions to the House on 12 Apr., adding that Middlesex’s secretary, John Jacob*, had ‘delivered him a false copy of the lord treasurer’s letter’.
The captain Guy of Bristol who was said to have ‘made a rich prize upon the Spaniards’ in December 1628 was probably a relative of this Member.
