Drake was the first Englishman who had seen this sight. To the Spaniards it was, of course, familiar; indeed, Vasco Nunez had stood upon the spot and had seen the Pacific, and taken possession of it, in the name of Spain, in the year 1513.

They now retraced their steps; for, with the force at their disposal, Captain Drake thought it would be madness to cross the isthmus, with any view of attacking the Spaniards on the other side. He had now accomplished his purpose, and had learned the nature and geography of the place; and proposed, on some future occasion, to return with a force sufficient to carry out the great enterprises on which he had set his mind.

On their return, they were sorely disappointed at finding that the Spaniards, having captured one of the party, had extorted from him the hiding place of the gold, and had lifted and carried it off. They now prepared to re-embark in their pinnace. Reaching the seashore, however, they were surprised, and in some way dismayed, at seeing seven Spanish vessels nearing the coast. The Spaniards had at last determined to make an effort, and had arrived at a time more unfortunate for the English than could have been supposed. The pinnace, after landing the party, had sailed away, in order to prevent the Spaniards seizing upon those on board; and when Captain Drake reached the shore she was not in sight, having indeed hauled her wind, and made off, on the approach of the Spanish fleet.

The situation seemed bad, indeed, for it was certain that the Spaniards would land their troops and search the shore; and it was of the highest importance that the pinnace should be discovered first.

There was a counsel held, and the men were well-nigh despairing. Captain Drake, however, bade them keep up their courage, and pointed out to them the four lads, all of whom had escaped the effect of fever and disease, their constitution, no doubt, being strengthened by the fact that none of them indulged in too much liquor; indeed, seldom touching any.

"Look," said Captain Drake, "at these four lads. Their courage is unshaken, and they look cheerful and hopeful on all occasions. Take example from them, and keep up your hopes. I propose to make a raft upon which I myself will embark, and by making out from this bay into the open sea, may succeed in catching sight of the pinnace, and bringing it hither to your rescue."

The proposal seemed a desperate one, for it was far more likely that the Spaniards' ships would come along, and descry the raft, than that the latter should meet with the pinnace. However, there seemed no other resource. The materials for the raft were scanty and weak; and when Captain Francis, with three companions, got fairly out of the bay, the raft sank so deeply in the water that they were completely standing in the sea.

For some hours they beat about; and then, to their great joy, they descried the pinnace in the distance, making for land. The wind had now risen, and it was blowing hard, and their position on the raft was dangerous enough. They found that it would be impossible for them to keep at sea, and still more impossible to place themselves in the track of the pinnaces, which were making for a bay behind a projecting headland.

Painfully paddling the raft to the shore, Captain Francis landed; and they made their way, with much toil and fatigue, over the hill which divided them from that bay; and, towards morning, got down to the pinnace, where they were received with much joy. Then they at once launched the boat, and made for the spot where they had left their comrades. These received them as if risen from the dead, for they had all made up their minds that their admiral, and his companions, had been lost upon the frail raft on which they had embarked.

They now put to sea, and had the good fortune to escape the ken of the Spaniards, who had sailed further up the coast. So, thanking God for their escape, they sailed back to the bay where the Pacha and her prizes lay, and then all hands began to make great preparation for return home.