In 1444 a company was formed at Lagos, who received permission from the Prince to undertake discovery along the coast of Africa, paying him a certain portion of any gains which they might make. This has been considered as a company founded for carrying on the slave trade; but the evidence is by no means sufficient to show that its founders meant such to be its purpose. It might rather be compared to an expedition sent out, as we should say in modern times, with letters of marque, in which, however, the prizes chiefly hoped for were not ships nor merchandise, but men. The only thing of any moment, however, which the expedition accomplished was to attack successfully the inhabitants of the islands Nar and Tider, and to bring back about two hundred slaves. I grieve to say that there is no evidence of Prince Henry's putting a check to any of these proceedings; but, on the contrary, it appears that he rewarded with large honors Lancarote, one of the principal men of this expedition, and received his own fifth of the slaves. Yet I have scarcely a doubt that the words of the historian are substantially true--that discovery, not gain, was still the Prince's leading idea. We have an account from an eye-witness of the partition of the slaves brought back by Lancarote, which, as it is the first transaction of the kind on record, is worthy of notice, more especially as it may enable the reader to understand the motives of the Prince and of other men of those times. It is to be found in the _Chronicle_, before referred to, of Azurara. The merciful chronicler is smitten to the heart at the sorrow he witnesses, but still believes it to be for good, and that he must not let his mere earthly commiseration get the better of his piety.