Pietas in patriam the life of His Excellency Sir William Phips, Knt. late Captain…

Besides these two Designs in the Thoughts of Sir William, there was a Third, which he had Hopes that ⟨p. 104⟩the King would have given him leave to have pursued, after he had continued so long in his Government, as to have obtained the more General welfare which he designed in the former Instances. I do not mean the making of New-England the Seat of a Spanish Trade, though so vastly profitable a Thing was likely to have been brought about, by his being one of an Honourable Company engaged in such a Project.

But the Spanish Wreck, where Sir William had made his first good Voyage, was not the only, nor the Richest Wreck, that he knew to be lying under the Water. He knew particularly that when the Ship, which had Governor Boadilla Aboard, was cast away, there was, as Peter Martyr says, an entire Table of Gold of Three Thousand, Three Hundred and ten Pound Weight.

But the Spanish Wreck, where Sir William had made his first good Voyage, was not the only, nor the Richest Wreck, that he knew to be lying under the Water. He knew particularly that when the Ship, which had Governour Boadilla Aboard, was cast away, there was, as Peter Martyr says, an entire Table of Gold of Three Thousand, Three Hundred and ten Pound Weight.

The Duke of Albemarle's Patent for all such Wrecks now expiring, Sir William thought on the Motto, which is upon the Gold Medal, bestowed by the late King, with his Knighthood upon him, Semper Tibi pendeat Hamus: And supposing himself to have gained sufficient Information of the right Way to such a Wreck, it was his purpose upon his Dismission from his Government, once more to have gone unto his old Fishing-Trade, upon a mighty Shelf of Rocks and Bank of Sands, that lie where he had informed himself.