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manded by a Duke before the pirates captured it. From this center the plunder was to be divided. Captain Morgan was in good spirits. The journey was over, he told the men, and it was time for pleasure. He rolled out forty kegs of rum onto the beach.

Early in the morning, a sleepy pirate opened his red eyes and looked toward the sea. He saw the water where the galleon had been. He called his comrades, and in a moment the shore was lined with disappointed men who wistfully searched the horizon. The galleon had put to sea during the night, and all the wealth of Panama had gone with her.

There was rage among the buccaneers. They would give chase; they would run down the fugitive and torture Captain Morgan. But they could not pursue. The other ships were worthless. Some lay on the sandy bottom with great holes punched in their sides; of others, the masts were sawed nearly through.

Then there was cursing and violence on the beach. They swore brotherhood in the name of revenge. They planned the horror of the retribution. And they scattered. Some starved; some were tortured by the Indians. The Spaniards caught and strangled some of them, and England virtuously hanged a few.