Out of these semi-pirate adventurers developed the buccaneers, a ruffianly, dare-devil lot, who feared neither God, man, nor death.

By the middle of the eighteenth century piracy was on the wane, and practically had died out by the beginning of the nineteenth, the final thrust that destroyed it being given by the American and English Navies in the North Atlantic and West Indian Seas. But by this time piracy had degenerated to mere sea-robbing, the days of gallant and ruthless sea-battles had passed, and the pirate of those decadent days was generally a Spanish-American half-breed, with no courage, a mere robber and murderer.

The advent of the telegraph and of steam-driven ships settled for ever the account of the pirates, except in China, when even to this day accounts reach us, through the Press, of piratical enterprises; but never again will the black, rakish-looking craft of the pirate, with the Jolly Roger flying, be liable to pounce down upon the unsuspecting and harmless merchantman.

The books devoted to the lives and exploits of buccaneers and pirates are few. Indeed, but two stand out prominently, both masterpieces of their kind. One, "The Bucaniers of America, or a True Account of the Most Remarkable Assaults Committed of Late Years upon the Coasts of the West Indies," etc., was written by a sea-surgeon to the buccaneers, A.O. Exquemelin, a Dutchman, and was published at Amsterdam in 1679.

Many translations were made, the first one in English being published in 1684 by William Crooke, at the Green Dragon, without Temple Bar, in London. The publication of this book was the cause of a libel action brought by Sir Henry Morgan against the publisher; the buccaneer commander won his case and was granted £200 damages and a public apology. In this book Morgan was held up as a perfect monster for his cruel treatment to his prisoners, but although Morgan resented this very much, the statement that annoyed him much more was that which told the reader that Morgan came of very humble stock and was sold by his parents when a boy, to serve as a labourer in Barbadoes.

The greatest work on pirates was written in 1726 by Captain Charles Johnson. The original edition, now exceedingly rare, is called "A General History of the Pyrates, from Their First Rise and Settlement in the Island of Providence, to the Present Time," and is illustrated by interesting engravings.

Another edition, in 1734, is a handsome folio called "A General History of the Lives and Adventures of the Most Famous Highwaymen," etc., "To which is added a Genuine Account of the Voyages and Plunders of the Most Notorious Pyrates," and contains many full-page copperplates by J. Basire and others. The pirates are given only a share in the pages of this book, but it has some very fine engravings of such famous pirates as Avery, Roberts, Low, Lowther, and "Blackbeard."

The third edition of the "History of Pirates," of 1725, has a quaint frontispiece, showing the two women pirates, Anne Bonny and Mary Read, in action with their swords drawn, upon the deck of a ship. While the fourth edition, published in 1726, in two volumes, contains the stories of the less well-known South-Sea Rovers.

After studying the subject of piracy at all closely, one cannot but be struck by the number of pirates who came from Wales. Welshmen figure not only amongst the rank and file, but amongst the leaders. Morgan, of course, stands head and shoulders above the rest. It is curious how certain races show particular adaptability for certain callings. Up to two hundred years ago the chief pirates were Welshmen; to-day most of our haberdashers hail from the same land of the leek. It would be interesting to try and fathom the reason why these two callings, at first sight so dissimilar, should call forth the qualities in a particular race. Perhaps some of our leading haberdashers and linen drapers will be willing to supply the answer.

I sometimes wonder what happens to the modern pirates; I mean the men who, had they lived 200 years ago, would have been pirates. What do they find to exercise their undoubted, if unsocial, talents and energies to-day? Many, I think, find openings of an adventurous financial kind in the City.