The last merchant who came on board us was a Spaniard; but I found that he spoke very good French, and some English; that he had been in England some years before, and understood English woollen manufactures very well. He told me he had all his present goods from Acapulco, but that they were then excessively dear. He had considerable dealings with the Chinese, and some with the coast of Coromandel and Bengal, and kept a vessel or two of his own to go to Bengal, which generally went twice in a year.

I found be had great business with New Spain, and that he generally had one of the Acapulco ships chiefly consigned to him; so that he was full of all such goods as those ships generally carried away from the Manillas, and, had we traded with him sooner, we should have had more calicoes and muslins than we now had; however, we were exceedingly well stored with goods of all sorts, suitable for a market in Peru, whither I resolved to go.

We continued chaffering after this manner about nine weeks, during which time we careened our ships, cleaned their bottoms, rummaged our gold, and repacked some of our provisions; endeavouring, as much as possible, to keep all our men as fully employed as we could, to preserve them in health, and yet not to overwork them, considering the heat of the climate.

Some time before we were ready to sail, I called all the warrant officers together, and told them, that as we were come to a country where abundance of small things were to be bought, and going to a country where we might possibly have an opportunity to sell them again to advantage, I would advance to every officer a hundred dollars, upon account of their pay, that they might lay it out here, and dispose of it again on the coast of New Spain to advantage. This was very acceptable to them, and they acknowledged it; and here, besides this, by the consent of all our superior officers, I gave a largess or bounty of five dollars a man, to all our foremast men; most of which I believe they laid out in arrack and sugar, to cheer them up in the rest of the voyage, which they all knew would be long enough.

We went away from Manilla, in the island of Luconia, the 15th of August, 1714; and, sailing awhile to the southward, passed the Straits between that island and Mindora, another of the Philippines, where we met with little extraordinary, except extraordinary lightning and thunders, such as we never heard or saw before, though, it seems, it is very familiar in that climate; till, after sixteen days' sailing, we saw the isle of Guam, one of the Ladrones, or Islands of Thieves, for so much the word imports; here we came to an anchor, Sept. 3, under the lee of a steep shore, on the north side of the isle of Guam; but, as we wanted no trade here, we did not at first inquire after the chief port, or Spanish governor, or anything of that kind; but we changed our situation the next day, and went through the passage to the east side of the island, and came to an anchor near the town.

The people came off, and brought us hogs and fowls, and several sorts of roots and greens, articles which we were very glad of, and which we bought the more of because we always found that such things were good to keep the men from the scurvy, and even to cure them of it if they had it. We took in fresh water here also, though it was with some difficulty, the water lying half a mile from the shore.

When I parted from Manilla, and was getting through the Strait between the island of Luconia and that of Mindora, I had some thoughts of steering away north, to try what land we might meet with to the north-east of the Philippines; and with intent to have endeavoured to make up into the latitude of 50 or 60°, and have come about again to the south, between the island of California and the mainland of America; in which course, I did not question meeting with extraordinary new discoveries, and, perhaps, such as the age might not expect to hear of, relating to the northern world, and the possibility of a passage out of those seas, either east or west, both which, I doubt not, would be found, if they were searched after this way; and which, for aught I know, remain undiscovered for want only of an attempt being made by those seas, where it would be easy to find whether the Tartarian seas are navigable or not; and whether Nova Zembla be an island or joined to the main; whether the inlets of Hudson's Bay have any opening into the West Sea; and whether the vast lakes, from whence the great river of Canada is said to flow, have any communication this way or not.

But though these were valuable discoveries, yet, when I began to cast up the account in a more serious manner, they appeared to have no relation to, or coherence with, our intended voyage, or with the design of our employers, which we were to consider in the first place, for though it is true that we were encouraged to make all such kinds of useful discoveries as might tend to the advantage of trade, and the improvement of geographical knowledge and experience, yet it was all to be so directed as to be subservient to the profits and advantages of a trading and cruising voyage.

It is true that these northern discoveries might be infinitely great, and most glorious to the British nation, by opening new sources of wealth and commerce in general: yet, as I have said, it was evident that they tended directly to destroy the voyage, either as to trading or to cruising, and might perhaps end in our own destruction also. For example, first of all, if adventuring into those northern seas, we should, by our industry, make out the discovery, and find a passage, either east or west, we must follow the discovery so as to venture quite through, or else we could not be sure that it was really a discovery; for these passages would not be like doubling Cape de Bon Esperance, on the point of Africa, or going round Cape Horn, the southernmost point of America, either of which were compassed in a few days, and then immediately gave an opening into the Indian or Southern Oceans, where good weather and certain refreshment were to be had.