Note 25 — II
Reading edition
Capture of “Santa Anna”.San Augustin says of the Santa Anna, which Thomas Candish captured and burnt in 1586 off the Californian coast: “Our people sailed so carelessly that they used their guns for ballast; .... the pirate’s venture was such a fortunate one that he returned to London with sails of Chinese damask and silken rigging.” The cargo was sold in Acapulco at a profit of 100 per cent., and was paid for in silver, cochineal, quicksilver, etc. Value of return freight The total value of the return freight amounted perhaps to between two and three million dollars,25 of which a quarter of a million, at least, fell to the king.