"When my father departed from Venice many years since to dwell in England, to follow the trade of merchandises, he took me with him to the city of London while I was very young, yet having nevertheless some knowledge of letters, of humanity, and of the sphere. And when my father died, in that time when news were brought that Don Christopher Colombus, the Genoese, had discovered the coasts of India, whereof was great talk in all the Court of King Henry the Seventh, who then reigned; in so much that all men, with great admiration, affirmed it to be a thing more divine than human to sail by the west into the east, where spices grow, by a way that was never known before; by which fame and report there increased in my heart a great flame of desire to attempt some notable thing. And understanding by reason of the sphere that if I should sail by way of the north-west wind I should by a shorter track come to India, I thereupon caused the King to be advertised of my device, who immediately commanded two caravels to be furnished with all things appertaining to the voyage, which was, as far as I remember, in the year 1496 in the beginning of summer. Beginning therefore to sail toward north-west, nor thinking to find any other land than that of Cathay, and from thence to turn towards India, after certain days I found that the land ran toward the north, which was to me a great displeasure. Nevertheless, sailing along by the coast to see if I could find any gulf that turned, I found the land still continent to the 56th degree under our Pole. And seeing that there the coast turned toward the east, despairing to find the passage, I turned back again and sailed down by the coast of that land toward the equinoctial (ever with intent to find the said passage to India) and came to that part of this firm land which is now called Florida; where, my victuals failing, I departed from thence and returned into England, where I found great tumults among the people and preparation for the war to be carried into Scotland; by reason whereof there was no more consideration had to this voyage."[11] The discoveries of Cabot were appreciated by Henry VII., a prince who rarely indulged in unprovoked benefactions, for on December 13th, 1497, we find a grant of an annual pension to Cabot of L20 a year, worth between L200 and L300 in modern money (a pension that was drawn twice):