Among the cares and pleasures of a courtier’s life, Raleigh preserved his zeal for American discovery. He applied his own resources to the fitting out of another expedition in 1583, under command of Sir Humphrey Gilbert, which proved more unfortunate than the former one: two out of five vessels returned home in consequence of sickness, and two were wrecked, including that in which the admiral sailed; and the only result of the enterprise was the taking possession of Newfoundland in the name of England. Still Raleigh’s desire for American adventure was not damped. The Continent northward of the Gulf of Florida was at this time unknown. But Raleigh, upon careful study of the best authorities, had concluded that there was good reason for believing that a considerable tract of land did exist in that quarter; and with the assent of the Queen in council, from whom he obtained letters patent, granting to himself and his heirs, under certain reservations, property in such countries as he should discover, with a right to provide for their protection and administration, he fitted out two ships, which sailed in April, 1584. The first land which they made was an island named Okakoke, running parallel to the coast of North Carolina. They were well received by the natives, and returned to England in the following autumn highly pleased. Nor was less satisfaction felt by Raleigh, or even by the Queen, who conferred on him the honour of knighthood, a title which was then in high esteem, inasmuch as it was bestowed by that wise princess with a most frugal and just discrimination. She also gave him a very lucrative mark of favour, in the shape of a patent for licensing the selling of wine throughout the kingdom; and she directed that the new country, in allusion to herself, should be called Virginia. Raleigh did not think it politic, perhaps was not allowed, to quit the court to take charge in person of his undertaking; and those to whom he intrusted the difficult task of directing the infant colony appear to have been unequal to their office. It is not necessary to pursue the history of an enterprise which proved unsuccessful, and in which Sir Walter personally bore no share. He showed his earnestness by fitting out several expeditions, which must have been a heavy drain upon his fortune. But he is said to have derived immense wealth from prizes captured from the Spaniards; and we may here observe that the lavish magnificence in dress, especially in jewels, for which Raleigh was remarkable, even in the gorgeous court of Elizabeth (his state dress is said to have been enriched with jewels to the value of £60,000), may be considered less as an extravagance, than as a safe and portable investment of treasure. A mind less active might have found employment more than enough in the variety of occupations which pressed upon it at home. He possessed a large estate, granted out of forfeited lands, in Ireland; but this was