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 told the captain of his danger. Summoning about him those whom he knew to be loyal, Phipps had the ship's guns loaded which commanded the shore, and ordered the bridge communicating with the vessel to be drawn up. When the mutineers made their appearance, the captain hailed them, and told the men he would fire upon them if they approached the stores (still on land), when they drew back; on which Phipps had the stores reshipped under cover of his guns. The mutineers, fearful of being left upon the barren island, threw down their arms and implored to be permitted to return to their duty. The request was granted, and suitable precautions were taken against future mischief, Phipps, however, took the first opportunity of landing the mutinous part of the crew, and engaging other men in their places; but, by the time that he could again proceed actively with his explorations, he found it absolutely necessary to proceed to England for the purpose of repairing the ship. He had now, however, gained more precise information as to the spot where the Spanish treasure ship had sunk; and, though as yet baffled, he was more confident than ever of the eventual success of his enterprise.

Returned to London, Phipps reported the result of his voyage to the Admiralty, who professed to be pleased with his exertions; but he had been unsuccessful, and they would not entrust him with another king's ship. James II. was now on the throne, and the Government was in trouble; so Phipps and his golden project appealed to them in vain. He next tried to raise the requisite means by a public subscription. At first he was laughed at; but his ceaseless importunity at length prevailed,