Note 2 — Sir FRANCIS DRAKE’s VOYAGES, PARTICULARLY THAT ROUND THE WORLD, In 1577, 1578, 1579, and 1580. (continued 3)
Reading edition
Lopez Vaz, a Spanish writer, says, that Drake carried from the coast of Peru, 866,000 pezoes of silver, equal to 866 quintals, equal to 100 pound weight each quintal, amounting to 1,139,200 ducats. He also carried away 100,000 pezoes of gold, equal to 10 quintals, each quintal valued at 1500 Spanish ducats; and all this over and above the treasure in the ship, which was not entered, consisting of gold, silver, pearls, precious stones, coined money, and other things of great value. He also rifled the ships from the Philippines, laden with spices, silks, velvets, and other rich merchandize, the value not known.—By the above account, the silver only, at 5s. per oz. amounts to 259,800l. and the gold to 48,000l. sterl. But we have seen a manuscript that makes the value of the whole cargo brought home by the Golden Hind (for that was the name that Drake chose his ship, the Pelican, should be known by) amount to 800,000l. though that which was divided among the crew was only 80,000l. Is it not reasonable then to conclude, that the Queen and Council had a considerable share of the remainder?