Chapters XII and XIII relate how Antam Gonçalvez took the first captives, and how Nuno Tristam went to Cape Branco.

In Chapter XIV Azurara dwells on the delight D. Henrique must have felt at the sight of the captives, though he opines that they themselves received the greater benefit: "for, although their bodies might be in some subjection, it were a small thing in comparison with their souls, that would now possess true liberty for evermore."

Chapter XV contains an account of the embassy sent to the Holy Father by D. Henrique to obtain "a share of the treasures of Holy Church for the salvation of the souls of those who in the labours of this conquest should meet their end." The Pope, Eugenius IV, granted a plenary indulgence, on the usual conditions, to all who took part in the war against the Moors under the banner of the Order of Christ; and D. Pedro, the Regent, made D. Henrique a present of the King's fifth to defray the heavy expenses he had incurred by the expeditions.

In Chapter XVI Antam Gonçalvez obtains the Infant's leave for another voyage, and is charged to collect information about the Indies and the land of Prester John. He receives ten negroes, in exchange for two Moors whom he had previously taken, together with some gold dust, and then returns home.

In Chapter XVII Nuno Tristam goes as far as Arguim Island and makes some captures; this in the year 1443.

Chapter XVIII begins the relation of the first expedition on a large scale, and the first that sprang from private enterprise—namely, that of Lançarote and his six caravels from Lagos. Azurara takes the opportunity to insert here a short but interesting sketch of the change that had taken place in public opinion with reference to these voyages. In the beginning, they were decried by the great not a whit less than by the populace, but the assurance of commercial profit had now converted the dispraisers, and the voyage of Lançarote gave a tangible proof of it.

The next six Chapters (XIX to XXIV) relate the doings of this expedition, which ended in the capture of two hundred and thirty-five natives.

Chapter XXV, which treats of the division of the captives at Lagos, is the most pathetic in the book, and one of the most powerful by virtue of the simple realism of the narrative.

Chapter XXVI gives a lucid summary of the after-lives of the captives, and their gradual but complete absorption into the mass of the people.

Chapter XXVII narrates the ill-fated expedition of Gonçalo de Cintra and his death near the Rio d'Ouro; while, in the next, Azurara refers the accident to the heavenly bodies, and draws a profitable lesson from it, which he divides into seven heads, for the benefit of posterity.