and with all speed we followed the Cacafuego toward Payta, thinking there to have found her.  But before we arrived there she was gone from thence towards Panama; whom our General still pursued, and by the way met with a bark laden with ropes and tackle for ships, which he boarded and searched, and found in her 80 lb. weight of gold, and a crucifix of gold with goodly great emeralds set in it, which he took, and some of the cordage also for his own ship.  From hence we departed, still following the Cacafuego; and our General promised our company that whosoever should first descry her should have his chain of gold for his good news.  It fortuned that John Drake, going up into the top, descried her about three of the clock.  And about six of the clock we came to her and boarded her, and shot at her three pieces of ordnance, and strake down her mizen; and, being entered, we found in her great riches, as jewels and precious stones, thirteen chests full of reals of plate, fourscore pound weight of gold, and six-and-twenty ton of silver.  The place where we took this prize was called Cape de San Francisco, about 150 leagues [south] from Panama.  The pilot’s name of this ship was Francisco; and amongst other plate that our General found in this ship he found two very fair gilt bowls of silver, which were the pilot’s.  To whom our General said, Senor Pilot, you have here two silver cups, but I must needs have one of them; which the pilot, because he could not otherwise choose, yielded unto, and gave the other to the steward of our General’s ship.  When this pilot departed from us, his boy said thus unto our General:  Captain, our ship shall be called no more the Cacafuego, but the Cacaplata, and your ship shall be called the Cacafuego.  Which pretty speech of the pilot’s boy ministered matter of laughter to us, both then and long after.  When our General had done what he would with this Cacafuego, he cast her off, and we went on our course still towards the west; and not long after met with a ship laden with linen cloth and fine China dishes of white earth, and great store of China silks, of all which things we took as we listed.  The owner himself of this ship was in her, who was a Spanish gentleman, from whom our General took a falcon of gold, with a great emerald in the breast thereof; and the pilot of the ship he took also with him, and so cast the ship off.

This pilot brought us to the haven of Guatulco, the town whereof, as he told us, had but 17 Spaniards in it.  As soon as we were entered this haven, we landed, and went presently to the town and to the town-house; where we found a judge sitting in judgment, being associated with three other officers, upon three negroes that had conspired the burning of the town.  Both which judges and prisoners we took, and brought them a-shipboard, and caused the chief judge to write his letter to the town to command all the townsmen to avoid, that we might safely water there.  Which being done, and they departed, we ransacked the town;