During the seventeenth century the Spanish Main was beset with a horde of freebooters or buccaneers, as they called themselves, to whose fierce attacks the treasure-ships bound for Spain were constantly exposed, and who did not hesitate to assail the strongholds of the Spaniards in quest of plunder. They differed from pirates only in the fact that their operations were confined to Spain and her colonies, no war giving warrant to their atrocities. Most ferocious and most successful among these worthies was Henry Morgan, a man of Welsh birth, who made his name dreaded by his daring and cruelty throughout the New-World realms of Spain. The most famous among the deeds of this rover of the seas was his capture of the city of Panama, which we shall here describe. On the 24th of October, 1670, there set sail from the island haunts of the freebooters the greatest fleet which these lawless wretches had ever got together. It consisted of thirty-seven ships, small and large, Morgan’s flag-ship, of thirty-two guns, being the largest, and flying the English standard. The men had gathered from all the abiding-places of their fraternity, eager to serve under so famous a leader as Morgan, and looking for rich spoil under a man whose rule of conduct was, "Where the Spaniards obstinately defend themselves there is something to take, and their best fortified places are those which contain the most treasure." [Illustration: THE CITY OF PANAMA.] THE CITY OF PANAMA. Not until they reached the vicinity of the isthmus did Morgan announce to his followers the plan he had conceived, which was to attack the important and opulent city of Panama, in which he expected to find a vast wealth of gold and silver. It was no trifling adventure. This city lay on the Pacific side of the Isthmus of Panama, and could be reached only by a long and toilsome land journey, the route well defended by nature and doubtless by art, while not a man on board the fleet had ever trod the way thither. To supply themselves with a guide the island of St. Catharine, where the Spaniards confined their criminals, was attacked and taken, and three of the convicts were selected for guides, under promise of liberty and reward.