Possible destinations included Guiana on the northeast coast of South America where the Dutch had established Essequibo colony, or another site near the Virginia settlements. Virginia was an attractive destination because the presence of the older colony might offer better security and trade opportunities; however, they also felt that they should not settle too near, since that might inadvertently duplicate the political environment back in England. The London Company administered a territory of considerable size in the region, and the intended settlement location was at the mouth of the Hudson River (which instead became the Dutch colony of New Netherland). This plan allayed their concerns of social, political, and religious conflicts, but still promised the military and economic benefits of being close to an established colony.