The rules drawn up by Cabot for the merchant adventurers, to be read publicly on board ship once a week, are interesting as showing the character of the man and the great advance made in welding English trade into a company to be guided by the best traditions. For the first time captains were required to keep a log, and this one thing, by putting on record everything seen and noted by those who sailed strange waters, made an increasing fund of knowledge at the service of each navigator. Some of the points in the instructions are as follows: 7. "That the merchants and other skilful persons, in writing, shall daily write, describe and put in memorie the navigation of each day and night, with the points and observations of the lands, tides, elements, altitude of the sunne, course of the moon and starres, and the same so noted by the order of the master and pilot of every ship to be put in writing; the captain-general assembling the masters together once every weeke (if winde and weather shall serve) to conferre all the observations and notes of the said ships, to the intent it may appeare wherein the notes do agree and wherein they dissent, and upon good debatement, deliberation and conclusion determined to put the same into a common ledger, to remain of record for the companie; the like order to be kept in proportioning of the cardes, astrolabes, and other instruments prepared for the voyage, at the charge of the companie. 12. "That no blaspheming of God, or detestable swearing, be used in any ship, or communication of ribaldrie, filthy tales, or ungodly talk to be suffered in the company of any ship, neither dicing, tabling, nor other divelish games to be permitted, whereby ensueth not only povertie to the players, but also strife, variance, brauling, fighting and oftentimes murther. 26. "Every nation and region to be considered advisedly, and not to provoke them by any distance, laughing, contempt, or such like; but to use them with prudent circumspection, with all gentleness and courtesie." These and other instructions form an ideal far beyond anything found in the merchant shipping of any other land at that time, and the wisdom which inspired them undoubtedly laid the foundation of the fine and noble tradition which formed the best officers of the navy not yet born. There was no British navy in the modern sense until a hundred years after Cabot's day. In time of war the King impressed all suitable ships into his service, if they were not freely offered by private owners. In time of peace the monarch was a ship-owner like any other, and such a thing as a standing navy was not thought of. Hence the brave, generous, and courteous merchant adventurer, when such a man was abroad, was the upholder of the honor of his country as well as the upbuilder of her commerce. GRAY SAILS