Quesada felt himself too weak to go in search of the origin of these reports; it was necessary first to secure the conquered country. In August, 1538, therefore, the foundation of the present city of Santa Fé de Bogotá was laid, not far from Muequeta. Quesada intended then to go in person to the coast and obtain reinforcements; but before he could carry out this design news was brought to him from the south that caused him to delay his departure.

He was informed that a number of men like his own, having horses, had come down out of the Cauca Valley into the valley of the Magdalena. A few days later it was said that this troop had crossed the Magdalena and was advancing into southern Cundinamarca. It was the force of the conqueror of Quito, Sebastian do Belalcazar, who, after driving the Peruvian Apu Rumiñavi out of Quito, and by his intervention making Pedro de Alvarado’s landing at Manta harmless, had gone northward through Pasto to Papayan. An Indian from New Granada had already, according to Castellano, told him in Quito the story of the gilded chieftain, and had thus induced him to undertake this march. From Papayan he had proceeded along the Upper Cauca to the tribes of Anzerma and Lile, which were rich in gold but addicted to the most abominable cannibalism, and thence following the path on which salt was brought down from the mountains to the high table-land of the interior.

Quesada had hardly received this news when it was also reported to him that white men with several horses were approaching from the east out of the plain of Meta, and were coming up through the ravines of the mountain. These men were the German Nicolaus Federmann of Ulm and his company. On his return from Europe Federmann had received a position as lieutenant of Georg von Speyer in Coro. His chief was engaged in a campaign in the southern plains, and Federmann was to have gone after him with reënforcements, but had faithlessly struck out for the mountains, and was following on the track of Dalfinger to the home of the dorado.

Thus, led thither by the same inducement, Quesada from the north, Belalcazar from the south, and Federmann from the east, found themselves at the same time on the plateau of Cundinamarca. The positions which the three Spaniards took formed an equiangled triangle, each side of which was six leagues long. Each leader had the same number of men—one hundred and sixty-three soldiers and a priest. None of them had been aware of the vicinity of the others, and therefore each of them thought he was the discoverer of the country. A fatal conflict seemed inevitable, but the encounter, which might have provoked a rising of the Indians and a massacre of the Spaniards, was averted by the wisdom of Quesada and the mediation of the priests. The three leaders agreed to submit their claims in person to the Spanish court, and in the meantime to leave all their forces on the plateau in order to hold the conquered land. The three—Gonzalo Ximenes de Quesada, Sebastian de Belalcazar, and Nicolaus Federmann—then departed from Bogotá and proceeded together to Spain. Federmann was destined never to see America again, for the Welsers would not overlook the treachery which he had committed against his commander, Georg von Speyer. Quesada suffered the basest ingratitude from the Court. Nine years passed before he was allowed to return to the scene of his activity, and he received as the only reward for his great services the title of Marshal of the new kingdom of Granada.

The brother of the conqueror, the avaricious and cruel Hernan Perez de Quesada, remained at Bogotá as the commanding officer of the Spaniards. He completed the subjugation of the Muysca. The unhappy natives suffered exceedingly cruel maltreatment, for the sake of gold, from him and his barbarous lieutenants. No means was too violent or too immoral if gold could be got by it. Hernan Perez made an unsuccessful attempt in 154O to drain the lake of Guatavitá in order to recover from it the gold of the dorado; but four thousand pesos was all the return he realized from the experiment. The Muysca, plundered and plagued by the whites amongst them, and warred upon on their borders by the Panches and Musos living around them, who were not subjected to the Spaniards till some time afterward, went down almost irresistibly to extinction. Their vigor was broken, and they had no hope of consideration or forbearance from their rulers. When the former Sugamuxi of Iraca was told that a new governor had come who was a friend to the Indians, he asked a Spaniard if he believed the river was going to flow upstream; when the white man answered this question in the negative, the chief responded, “How do you suppose, then, that I am going to believe in the existence of a Spanish officer who will feel and act justly and reasonably toward us?”

With the conquest of Cundinamarca was secured the last great treasure of gold that awaited the Spaniards in America. Their wild greed was, however, doubly excited by their success so far, and they thirsted for more and greater. The Minorite monk, Fray Toribio of Benevento,[17] wrote with truth in 1540: “And gold is, like another golden calf, worshipped by them as a god; for they come without intermission and without thought, across the sea, to toil and danger, in order to get it. May it please God that it be not for their damnation.” Then rose again, like an avenging spirit, the legend of the gilded chieftain, in the still unknown regions of the South American continent. Transplanted by the over-excited imagination of the white men, the vision of the dorado appeared, like a mirage, enticing, deceiving, and leading men to destruction, on the banks of the Orinoco and the Amazon, in Omagua and Parime.

CHAPTER II.
META.

As we have mentioned, the conquest of New Granada by Gonzalo Ximenes de Quesada concluded, as to the whole of Spanish America, that series of extraordinary discoveries of precious metals in the possession of the natives which exercised so sudden an influence on the value of gold, among European peoples in particular. When the Peruvian spoil was divided at Cassamarca in 1533 the peso, which contains about the same quantity of metal as our dollar, had an exchangeable value nearly the same as that of a pound sterling, or $4.85; but by 1553 its value had declined, according to the learned Mexican student, Orozco y Berra, to $2.93, or about forty per cent. During these twenty years Mexico alone yielded in gold and silver together 1,355,793 pesos. The four ships which arrived in Spain from Peru on the 5th of December, 1533, and the 9th of January and 3d of June, 1534, carried, without including golden vessels and ornaments, 708,590 pesos in gold and 240,680 pesos in silver. The spoil of New Granada amounted to 246,972 pesos in gold alone. These examples, drawn from two years only in South America, show clearly that the great depreciation of the precious metals we have just cited is to be ascribed principally to the findings in Peru and New Granada. The value of silver fell about eighty-four per cent. in Europe between 1514 and 1610, a fall which was caused by the working of the silver mines of Potosi in Bolivia. These yielded, between 1545 and 1564, 641,250,000 pesos or piastres in silver. The discovery of New Granada had an especial effect on the value of emeralds.

It cannot be denied that this sudden depreciation of the metallic media of exchange had a great influence on the demand for them, while it covered the search for them with the mantle of a legitimate want. The need of specie was evident, and the less the material of which coins were made was worth, the more of it must be had. To this was added the fact that the simple necessities of life on which Europeans depended for existence were at first not to be got, for example, in Peru. The first horses sold there brought 6000 pesos (equivalent to at least $28,000 in present values); and in 1554 Alonzo de Alvarado offered in vain 10,000 pesos, or $29,300, for an ordinary saddle-horse. Between thirty and forty pesos were paid in Cassamarca soon after the division of the spoil for a pair of half-boots, and forty or fifty pesos for a sword. The first cow was sold in Cuzco in 1550 for two hundred pesos. Nine years later the price of a cow had fallen to seventeen pesos. Wine began to be cheaper about 1554, when a ship landed at Truxillo with two thousand casks; the first cask was sold for six hundred ducats, and the last one for two hundred ducats.

Still, no explanation or excuse can be found in these extreme instances for the reckless, passionate eagerness with which the Spaniards, without waiting to secure one treasure, pursued the visions of others. The transactions and expeditions subsequent to the conquest of New Granada, of which the dorado was the object, depended on such fancies.