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The word is not uncommon among Elizabethan writers, and is also found much earlier. Span. caraca, a ship of large size. Nares quotes from Beaumont and Fletcher. Halliwell quotes Minsheu: "The Spanish borachoe, or bottle commonly of a pigges skinne, with the haire inward, dressed inwardly with rozen and pitch to keepe wine or liquor sweet." Hence the word came to be applied to a drunkard.
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