By Right of Conquest; Or, With Cortez in Mexico. Henty George Alfred

the question to be considered is whether the profit is in fair proportion to the risk run. I think that it is, in this case, and I am ready to risk my life in carrying it out. It is for you to consider whether you are ready to risk your venture."

      "What is it, Reuben? There are no other voyages that I know of; unless, indeed, you think of sailing up to Constantinople, and trading with the Grand Turk."

      "My thoughts go farther afield still, Diggory. It is a matter I have thought over for some time, and when I was at Cadiz the other day I made many inquiries, and these have confirmed me in my opinions on the matter. You know that the Spaniards are gaining huge wealth from the Indies, and I heard at Cadiz that, after the conquest they made, a year since, of the island they call Cuba, the stores of precious things brought home were vast indeed. As you know, they bring from there gold and spices and precious woods, and articles of native workmanship of all kinds."

      "I know all that, Reuben; and also that, like dogs in the manger, they suffer none others to sail those seas; and that no English ship has ever yet traversed those waters."

      "That is so, Diggory; but by all I hear the number of islands is large, and there are reports that there lies, farther west, a great land from which it is they procure, chiefly, the gold and silver and precious things. Now it seems to me that, were the matter secretly conducted, so that no news could be sent to Spain, a ship might slip out and cruise there, dealing with the natives, and return richly stored with treasures.

      "The Swan is a fast sailer and, did she fall in with the Spanish ships, would show them a clean pair of heels. Of course she would avoid the places where the Spaniards have forts and garrisons, and touch only at those at which, I hear, they trade but little;" and he took out a scroll from his bosom, unrolled it, and showed it to be a map.

      "This I purchased, for ten gold pieces, of a Spanish captain who had come to poverty and disgrace from his ship being cast away, while he was asleep in liquor, in his cabin–a fault which is rare among the Spaniards, and therefore thought all the more of. I met him in Cadiz, at a wine shop near the port. He told me his story as we drank together, for he spoke Dutch, having traded much with the Low Countries.

      "He took out a map, to show me some of the places at which he had had adventures. I said that the thing was curious, and would buy it of him, if he was disposed to sell. He said that it would be as much as his life were worth to part with it, to an Englishman; and, indeed, that it was only captains of ships trading in those seas who were allowed to have them, seeing that all matters connected with the islands were held as a state secret. After some trouble and chaffering, however, he agreed to make me an exact copy, and to sell it me for ten gold pieces.

      "This is the copy. It is exact, for I compared it with the original, before I paid for it. Now here, you see, are laid down the position and bearing of all the islands, together with all the ports and places where the Spaniards have their settlements. This line over here represents the mainland, but it is, as you see, but vaguely drawn; seeing that, except at one or two points, the Spaniards themselves have but little knowledge of it. Now it seems that, with the help of this, I might so navigate the Swan as to avoid much risk of falling in with the Dons; and might yet make a shift to fill up the ship with goods of all kinds, such as would sell here for great prices. I know, of course, that were we taken we should be killed without mercy; but in the first place they would have to catch us, which would not be easy; and in the second to capture us, which, methinks would be more difficult still, seeing that a crew of stout Devonshire lads, fighting with halters round their necks, would give a good account of themselves, even if overhauled by a great Spanish galleon.

      "What think you of the scheme, Cousin Diggory?"

      "It is a perilous one, certainly, Reuben," the merchant replied, after a long silence. "There is the risk of the loss of the ship and all her freight, and there is the risk of the loss of your life and of those of the crew; and I would rather lose even the Swan, Reuben, than that harm should come to you and Roger. Then it may well be that, even if you carried the scheme to a successful end, and returned laden with wealth, the king and his counselors, when the matter came to their ears–which it would be sure to do on your return, for it would make a prodigious talk–might be grievously offended, accuse us of embroiling England with Spain, confiscate the cargo, visit me with fine and imprisonment, and treat you and the crew as pirates."

      "I do not fear that," Reuben said. "Our relations with Spain have grown cold, lately, and there is a talk of peace between us and France. In the next place, I should say that the king would be mightily glad to see a chance of us English having a finger in this pie, that the Spaniards want to keep to themselves; and that he will perceive that great advantage will arise, from our obtaining a share of the trade with the Indies. There is a rare jealousy in the country, at the Spaniards and Portugals keeping all the trade of both the Indies in their hands; and methinks that, even if he judged it necessary to make a show of displeasure against the men who led the way in this matter, there would in the end be much honor, as well as profit, in this venture."

      "It is a grave matter, Reuben, and one not to be undertaken without much thought and calculation. Still, I own that the proposal is a tempting one, and that the possession of this map, which I will examine at my leisure, would help you much in your enterprise. Truly, as you say, although the king might frown, there would be much honor as well as profit in being the first English merchant to dispatch a ship to the Spanish main. I love not the Spaniards and, like all Englishmen who think as I do on matters of religion, have viewed with much disfavor our alliance with men who are such cruel persecutors of all who are not of their religion."

      "I hate them," Reuben Hawkshaw said, energetically. "They swagger as if they were the lords of the world, and hold all others as of no account beside them. If you resolve on this enterprise I shall, of course, do my utmost to avoid them; but should they try to lay hand on us, I shall be right glad to show them that we Englishmen hold ourselves fully a match for them."

      "Well, well, we must not think of that," Diggory Beggs said, hastily; "but, nevertheless, cousin, if the Swan sails for those seas, I will see that she is well provided with ordnance and small arms, so that she shall be able to hold her own with those who would meddle with her."

      "That is all I ask, Diggory. We shan't meddle with them, if they do not meddle with us; but if they treat us as pirates, to be slain without form of trial, they must not blame us if we act as pirates when they come upon us. They hold that they are beyond the law, when they are once beyond sight of land, going westward; and we have only to take them at their word.

      "As to piracy, if the things that are whispered as to their cruelty to the natives be true, pirates are an innocent and kindly folk compared to them. They openly proclaim that all found in these seas, which they claim as their own, will be treated as enemies and slain without mercy; and we shall be, therefore, fully justified in treating as an enemy any Spanish ship that we may come across; and holding her as a fair prize, if we are strong enough to take her."

      "But you must not go out with that intent, Reuben. If I fit out the Swan to go to the Indies, it is that she may trade honestly with such natives as are ready to trade with her, and not that she may wage war against the Spaniards."

      "I quite understand that, Cousin Diggory," Reuben Hawkshaw said, with a grim smile; "and that also is my intent, if the Spaniards will but let me adhere to it; only if we are attacked, we must defend ourselves. If they try to capture us, and we beat them, it is but natural that we should capture them."

      "Against that I have nothing to say, Reuben. I can find no authority, in Scripture, for the Spaniards claiming a portion of the seas as their right. The world is all, as it seems to me, open to trade, and neither the pope nor anyone else has a right to parcel it out, for the exclusive use of one or two nations. As we all know, the seas within a mile or two of shore are held to belong, naturally, to those who own the land; but that is a different thing, altogether, to holding that more than half the seas, inasmuch as we know of them, are to be held as private property by Spaniards and Portugals.

      "Well, we will say no more about it, at present. There is plenty of time to think it over, while the Swan is unloading. I certainly do not like to take so great a risk as this would be on my own shoulders; but if I could get two or three others to join me, I should be willing enough to embark upon it."

      "I