In 1673, when he was twenty-two years old, he came to Boston, and soon afterwards was married to a widow lady, who had property enough to set him up in business. It was not long before he lost all the money that he had acquired by his marriage, and became a poor man again. Still, he was not discouraged. He often told his wife that he should be very rich, and would build a "fair brick house" in the Green Lane of Boston. Several years passed away; and Phips had not yet gained the riches which he promised to himself. During this time he had begun to follow the sea for a living. In the year 1684 he happened to hear of a Spanish ship which had been cast away near Porto de la Plata. She had now lain for fifty years beneath the waves. This old ship had been laden with immense wealth; and nobody had thought of the possibility of recovering any part of it from the deep sea which was rolling and tossing it about. But though it was now an old story, Phips resolved that the sunken treasure should again be brought to light. He went to London and obtained admittance to King James. He told the king of the vast wealth that was lying at the bottom of the sea. King James listened with attention, and thought this a fine opportunity to fill his treasury with Spanish gold. He appointed William Phips to be captain of a vessel, called the _Rose Algier_, carrying eighteen guns and ninety-five men. So now he was Captain Phips of the English navy. The captain sailed from England and cruised for two years in the West Indies, trying to find the wrecked Spanish ship. But the sea is so wide and deep that it is no easy matter to discover the exact spot where a sunken vessel lies. The prospect of success seemed very small, and most people thought that Phips was as far from having money enough to build a "fair brick house" as he was while he tended sheep. The seamen became discouraged, and gave up all hope of making their fortunes by discovering the Spanish wreck. They wanted Phips to turn pirate. There was a much better prospect of growing rich by plundering vessels which still sailed in the sea than by seeking for a ship that had lain beneath the waves full half a century. They broke out in open mutiny, but were finally mastered by Phips, and compelled to obey his orders. It would have been dangerous to continue much longer at sea with such a crew of mutinous sailors; and the ship was unseaworthy. So Phips judged it best to return to England. Before leaving the West Indies, he met with an old Spaniard who remembered the wreck of the Spanish ship, and gave him directions how to find the very spot. It was on a reef of rocks, a few leagues from Porto de la Plata.