Next day the English saw a boat under sail making towards them, which they suspected to be a spy, and soon afterwards perceived two great ships coming to meet them, which they supposed had been sent on purpose to fight them.  On this they cast loose the Panama ship, in which they left John the Greek and two men they had taken the night before in Calao harbour; and then made all sail, not once setting eye again upon the two great ships, which made direct for the Panama ship.  The English continued their course to the northwards along the coast; and some days afterwards met a frigate or small vessel bound for Lima, laden with wares and merchandise of the country, whence the English took a lamp and fountain of silver.  They enquired of the people in this ship if they had met a ship, which they understood was laden with silver; on which one pilot said he had not seen any such, while another said he had met her about three days before.  This frigate was taken by the pinnace, in which the English captain sailed close by the shore, the English ship keeping about a league and a half from land.  On receiving this information, the English let the frigate go, and continued their course to the northwards.

Two days afterwards, they came to the harbour of Payta, where they found a ship laden with Spanish wares, which was boarded and taken by the pinnace, without resistance, most of the crew escaping on shore.  From this ship, the English took the pilot, with all the bread and other provisions.  About two days after, they boarded a ship belonging to Panama, from which they only took a negro.  Next day, being the 1st February, they met another ship of Panama, laden with fish and other victuals, having also forty bars of silver and some gold, but I know not how much, which they took, sending the passengers in a boat to the land, among whom were two friars.  Next day, the English captain hanged a man of the Panama ship, for secreting two plates of gold, which were found about him, after which that ship was turned adrift.

Towards noon of the 1st March, they descried the ship laden with silver, being then about four leagues to seawards of them:  and, as the English ship sailed somewhat heavily, being too much by the head, they hung a quantity of botijas, or Spanish earthen pots which had contained oil, and now filled with water, over the stern of their ship, to give her a better trim and to improve her sailing.  The treasure ship, thinking the English vessel had been one of those which usually sail upon that coast, made towards her, and when near, the English captain hailed her to surrender:  As the Spanish captain refused, the English fired some cannons, by one of which the Spanish ship’s mast was shot over board, and her master being wounded by an arrow, she presently yielded.  Thereupon the English took possession of her, and sailed with her directly out to sea all that night, and the next day and night.  Being entirely out of sight of land, they began to search