"So it seemeth, Sir Francis, that thou hast once more been incurring Her Majesty's displeasure?"

"How so, baron?" questioned Drake, looking up in surprise.

"Marry! In the matter of the King of Spain," returned Lord Champernoun. "It doth appear from what I have lately heard that Her Majesty's government have received information that King Philip, knowing how you had fallen into disgrace with Queen Elizabeth, hath been secretly making overtures to you to enter the Spanish service and lead a new armada against England. Zounds, man, we shall soon be hearing that thou hast turned Papist also, I suppose!"

Drake laughed, and playfully stroked his full and curly beard. There was a merry twinkle in his large clear eyes.

"'Tis not the first time that His Majesty of Spain hath so approached me," said he. "Her Majesty (God bless her!) is at liberty to believe, if she so listeth, that I am about to accept Spain's generous offers. 'Tis her gracious habit to think ill of me. But methinks the people of England will still believe me incapable of such treachery."

Sir Walter Raleigh's silvery voice interposed:

"Thou hast given but a half-denial of the matter, Drake," said he as he reached his hand to the middle of the table and picked an apple from one of the plates. "And I do assure thee that Her Majesty will require a fuller proof ere she consent to forgive thee. All thy endeavours to win her favour by the building of flour-mills and the making of water-conduits for this town of Plymouth will go for little against this suspicious rumour."

"And, prithee, what punishment doth Her Majesty intend to mete out to me withal?" questioned Drake. "Hath she given orders that I am to be clapped into the Tower, or held to ransom like our Spanish prisoners?"

"Scarcely that," answered Raleigh. "She hath but decided to give thee the command at Plymouth, with orders to keep the town in a state of defence, and so resist any attempt by the Spaniards to invade our western ports."

"There is small consolation in that," returned Drake. "I had hoped, as ye all know, that I might be deemed worthy to take the command of the great expedition against Panama that hath been in contemplation so long. 'Tis mine by right, and it hath been the dream of my life."