IV. The two Kings shall take care that their subjects forbear all acts of hostility, and shall call in all commissions, letters of marque and reprisals, and punish all offenders, obliging them to make reparation.

VII. All past injuries, on both sides, shall be buried in oblivion.

VIII. The King of Great Britain shall hold and enjoy all the lands, countries, &c. he is now possessed of in America.

IX. The subjects on each side shall forbear trading or sailing to any places whatsoever under the dominion of the other, without particular licence.

XIV. Particular offences shall be repaired in the common course of justice, and no reprisals made unless justice be denied, or unreasonably retarded.

When notice of this Treaty was received in the West Indies, the Buccaneers, immediately as of one accord, resolved to undertake some grand expedition. Many occurrences had given rise to jealousies between the English and the French in the West Indies; but Morgan's reputation as a commander was so high, that adventurers from all parts signified their readiness to join him, and he appointed Cape Tiburon on the West of Hispaniola for the place of general rendezvous. In consequence of this summons, in the beginning of December 1670, a fleet was there collected under his command, consisting of no less than thirty-seven vessels of different sizes, and above 2000 men. Having so large a force, he held council with the principal commanders, and proposed for their determination, which they should attempt of the three places, Carthagena, Vera Cruz, and Panama. Panama was believed to be the richest, and on that City the lot fell.

A century before, when the name of Buccaneer was not known, roving adventurers had crossed the Isthmus of America from the West Indies to the South Sea; but the fate of Oxnam and his companions deterred others from the like attempt, until the time of the Buccaneers, who, as they increased in numbers, extended their enterprises, urged by a kind of necessity, the West Indies not furnishing plunder sufficient to satisfy so many men, whose modes of expenditure were not less profligate than their means of obtaining were violent and iniquitous.

Expedition of the Buccaneers against Panama. The rendezvous appointed by Morgan for meeting his confederates was distant from any authority which could prevent or impede their operations; and whilst they remained on the coast of Hispaniola, he employed men to hunt cattle, and cure meat.

He also sent vessels to collect maize, at the settlements on the Tierra Firma. Specific articles of agreement were drawn up and subscribed to, for the distribution of plunder. Morgan, as commander in chief, was to receive one hundredth part; each captain was to have eight shares; provision was stipulated for the maimed and wounded, and rewards for those who should particularly distinguish themselves. December. They take the Island Sta Katalina. These matters being settled, on December the 16th, the whole fleet sailed, from Cape Tiburon; on the 20th, they arrived at the Island Sta Katalina, then occupied by the Spaniards, who had garrisoned it chiefly with criminals sentenced to serve there by way of punishment. Morgan had fully entered into the project of Mansvelt for forming an establishment at Sta Katalina, and he was not the less inclined to it now that he considered himself as the head of the Buccaneers. The Island surrendered upon summons. It is related, that at the request of the Governor, in which Morgan indulged him, a military farce was performed; Morgan causing cannon charged only with powder to be fired at the fort, which returned the like fire for a decent time, and then lowered their flag.