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The Spaniards gave no security to foreign merchants for the performance of their contracts; a mutual credit, without which there never could have been any commerce, supplies the place of other obligations. The manner in which the Spaniards for a long time consigned the gold and silver to foreigners, which was brought home by their galleons, was still more surprising.

In the last day's fighting, however, the Active became entangled among several of the Spanish galleons, and being almost becalmed by their lofty hulls, one of them ran full at her, and rolling heavily in the sea, seemed as if she would overwhelm her puny antagonist.

Even, she forgot those advertisements of pills that are so dear to England; even, she forgot political cant and the things that one discusses and the things that one does not, and had perforce to contend herself with seeing sailing by huge golden-laden galleons with treasure for Madrid, and the merry skull-and-cross-bones of the pirateers, and the tiny nautilus setting out to sea, and ships of heroes trafficking in romance or of princes seeking for enchanted isles.

Encountering off Gibraltar an enemy force of 11 large galleons and as many galleys under Alvarez d'Avila, a veteran of Lepanto, he destroyed half the Spanish force and drove the rest into port, killing about 2000 Spanish and coming out of the fight with the loss of only 100 men.

On the contrary, the adventurers dashed at once upon their prey; thus finding a larger booty than they had dared to expect. There was but a brief engagement. At the outset a Dutch ship accidentally blew up, and gave much encouragement to the Spaniards. Their joy was but short-lived. Two of the great galleons were soon captured, the other two, the St. Philip and the St.

Alvarado had offered to undertake this expedition within fifteen months after arriving in Guatemala, sending westward two galleons and one ship, sufficiently provisioned for two years, with full crew and equipment, and the necessary artillery; and other vessels for discovery about the American coasts.

Learning of the disaster at Cartagena, he then determined to cross the Pacific and waylay the two galleons that sailed yearly from Acapulco to Manila. In the passage across, one of the two ships now left to him was found in such bad condition that she had to be destroyed. With the other he succeeded in his last undertaking, capturing the great galleon with a million and a half dollars in specie.

In the preceding chapter we have seen that the buccaneers had at last become so numerous and so formidable that it was dangerous for a Spanish ship laden with treasure from the new world to attempt to get out of the Caribbean Sea into the Atlantic, and that thus failing to find enough richly laden vessels to satisfy their ardent cravings for plunder, the buccaneers were forced to make some change in their methods of criminal warfare; and from capturing Spanish galleons, they formed themselves into well-organized bodies and attacked towns.

This is a quotation from a boastful speech of Mr. We have not yet taken the galleons, nor destroyed the Spanish fleet. Nor have they enslaved Portugal, nor you made a triumphant entry into Naples. My dear sir, you see how lucky you were not to go thither; you don't envy Sir James Grey, do you?

So the regular work went to the dogs, Beetle being full of other matters and meters, hoarded in secret and only told to McTurk of an afternoon, on the sands, walking high and disposedly round the wreck of the Armada galleons, shouting and declaiming against the long-ridged seas.