Conversation so far:
When did Woodes Rogers' financial difficulties begin?
When the ships dropped anchor in the River Thames on 14 October 1711, a legal battle ensued, with investors paying the East India Company £6,000 as settlement for their claim.
What is the Bahamas Proposal?
Woodes Rogers was able to forge an agreement for a company to manage the Bahamas, which were infested with pirates, in exchange for a share of the colony's profits.
When was the Bahamas Proposal made?
The proposal was made shortly after 1714.

Question: Was the proposal accepted?
Self-contained rewrite: Was the Bahamas Proposal accepted?