To Lima we came the 13th of February; and, being entered the haven, we found there about twelve sail of ships lying fast moored at an anchor, having all their sails carried on shore; for the masters and merchants were here most secure, having never been assaulted by enemies, and at this time feared the approach of none such as we were. Our General rifled these ships, and found in one of them a chest full of reals of plate, and good store of silks and linen cloth; and took the chest into his own ship, and good store of the silks and linen. In which ship he had news of another ship called the Cacafuego, which was gone towards Payta, and that the same ship was laden with treasure. Whereupon we stayed no longer here, but, cutting all the cables of the ships in the haven, we let them drive wither they would, either to sea or to the shore; and with all speed we followed the Cacafuego toward Payta, thinking there to have found her. But before we arrived there she was gone from thence towards Panama; whom our General still pursued, and by the way met with a bark laden with ropes and tackle for ships, which he boarded and searched, and found in her 80 lb. weight of gold, and a crucifix of gold with goodly great emeralds set in it, which he took, and some of the cordage also for his own ship. From hence we departed, still following the Cacafuego; and our General promised our company that whosoever should first descry her should have his chain of gold for his good news. It fortuned that John Drake, going up into the top, descried her about three of the clock. And about six of the clock we came to her and boarded her, and shot at her three pieces of ordnance, and strake down her mizen; and, being entered, we found in her great riches, as jewels and precious stones, thirteen chests full of reals of plate, fourscore pound weight of gold, and six-and-twenty ton of silver. The place where we took this prize was called Cape de San Francisco, about 150 leagues [south] from Panama. The pilot's name of this ship was Francisco; and amongst other plate that our General found in this ship he found two very fair gilt bowls of silver, which were the pilot's. To whom our General said, _Senor Pilot, you have here two silver cups, but I must needs have one of them_; which the pilot, because he could not otherwise choose, yielded unto, and gave the other to the steward of our General's ship. When this pilot departed from us, his boy said thus unto our General: _Captain, our ship shall be called no more the Cacafuego, but the Cacaplata, and your ship shall be called the Cacafuego_. Which pretty speech of the pilot's boy ministered matter of laughter to us, both then and long after. When our General had done what he would with this Cacafuego, he cast her off, and we went on our course still towards the west; and not long after met with a ship laden with linen cloth and fine China dishes of white earth, and great store of China silks, of all