being at ebb, and the waters momently decreasing more and more, we should have been becalmed, and consequently disenabled from receding from the neighbouring rocks, where, if the south wind returned, we should be dashed to pieces, but if the calm lasted we must stick fast in the shallows. We derived safety and incredible consolation from the sun, then at the meridian, from observation of which we at length discovered whereabouts we were. Two hours after noon a gentle gale arose, which enabled us to quit the shallows and that threatening shore, and to re-enter the main sea. The wind becoming more favourable after sun-set, we stole into the very channel of the river, and about dawning got sight of La Isla de Lobos. But this short-lived joy was saddened the same day with all those wanderings and perils which I have just related. From all this you may conclude how formidable the width of the river La Plata is to captains of ever so long experience. The name of the river Plata being spread throughout Europe in former times, many of the Spaniards flew to Paraguay, and after all found nothing but poverty, where they expected riches. Paraguay is surrounded by the provinces of Chili, Peru, and Quito, which abound in gold, silver, gems, and precious stones, neither of which is to be found in Paraguay. Some of them might perhaps be discovered, you will say, if properly searched for, but this I do not believe, knowing how sagacious and quick-sighted the Spaniards are in seeking for treasures concealed in the bosom of the earth; as, therefore, they have never hitherto endeavoured to dig for gold and silver, or have been unsuccessful in the attempt, I am firmly persuaded that there are none to be found; and the longer I remained in this country, the more was my opinion on that head strengthened by convincing proofs and experiments. In many places signs of hidden metal were sometimes discovered, but they served rather to drain the purses of the more credulous Spaniards than to enrich them. I will fairly relate whatever occurs to my memory relative to the attempts that were made to discover metals, and the ridiculous ideas that were entertained on this head. I was intimately acquainted with a merchant in the city of St. Iago del Estero, who had formerly been opulent, but was at that time reduced to ruin. Hoping to become as rich as Crœsus, he directed his whole thoughts and faculties towards discovering mines. Emissaries were hired to search in those places which were thought to contain metals. At much expense he undertook a journey to the Governour of Tucuman, who lived at a great distance, to obtain from him a right to dig for gold. He spent immense sums upon workmen, mules, provision, and other instruments necessary for searching the bowels of the earth, with no reward for his pains, except spending the riches that he already possessed, without obtaining those which he promised himself under ground, and remained ever afterwards indigent and derided by all.