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 up with the weed, he reported that a number of ship's guns were lying in the same place. The intelligence was at first received with incredulity, but on further investigation it proved to be correct. Search was made, and presently a diver came up with a solid bar of silver in his arms. When Phipps was shown it, he exclaimed, "Thanks be to God! we are all made men." Diving bell and divers now went to work with a will, and in a few days treasure was brought up to the value of about £300,000, with which Phipps set sail for England. On his arrival, it was urged upon the king that he should seize the ship and its cargo, under the pretence that Phipps, when soliciting his Majesty's permission, had not given accurate information respecting the business. But the king replied, that he knew Phipps to be an honest man, and that he and his friends should divide the whole treasure amongst them, even though he had returned with double the value. Phipps's share was about £20,000, and the king, to show his approval of his energy and honesty in conducting the enterprise, conferred upon him the honour of knighthood. He was also made High Sheriff of New England; and during the time he held the office, he did valiant service for the mother country and the colonists against the French, by expeditions against Port Royal and Quebec. He also held the post of Governor of Massachusetts, from which he returned to England, and died in London in 1695.

Phipps, throughout the latter part of his career, was not ashamed to allude to the lowness of his origin, and it was matter of honest pride to him that he had risen from the condition of common ship carpenter to the honours of knighthood and