James meets Max's customers and undercuts his prices. They also meet Max's brother Theodore. James sets sail to Java to get custom there but Max believes that he won't succeed because the Dutch have all the business. Later Max tells his brother that James has ruined them and they will have to leave Sumatra. Meanwhile, at home Elizabeth tells Mr Dawkins and Mr Dunwoody that the company James has created is called Rotterdam Onedin and has 40% Dutch shareholders, this has enabled him to trade in The East Indies.