on them, and made a running Fight till about Three, when the _Kent_ bearing down upon her and under her Stern gave her a Broadside, and went away to Leeward of her; then the _Superbe_ put for it and laid the _Spanish_ Admiral on Board, falling on her Weather-Quarter, but the _Spanish_ Admiral shifting her Helm and avoiding her, the _Superbe_ rang'd under her Lee-Quarter, on which she struck to her. At the same time the _Barfleur_ being within Shot of the said _Spanish_ Admiral, one of their Rear Admirals, and another 60 Gun Ship, which were to Windward of the _Barfleur_, bore down and gave her three Broadsides, and then clapt upon a Wind, standing in for the land; the Admiral in the _Barfleur_ stood after them till it was almost Night, but it being little Wind ... he left pursuing them and stood away to the Fleet again, which he found two Hours after Night. The _Essex_ took the _Juno_, the _Montague_ and _Rupert_ took the _Volante_; Vice Admiral _Cornwall_ followed the _Grafton_ to support her ... Rear Admiral Delaval with the _Royal Oak_ chas'd two Ships that went away more Leewardly than the rest, one of them said to be Rear Admiral Crammock, a Scotch or Irish _Renegade_, who had serv'd several years in the English Fleet; but we not having seen them since, know not the Success.[2] [2] The result of the battle, in which the English had 1,360 guns, the Spanish 1,310, was that fifteen Spanish ships of war, 744 guns in all, one fireship, and one store-ship were taken, and two smaller vessels burnt, and Byng goes on to say that, "as is usual on such Occasions, their Mortification after their Defeat was equal to their Presumption before." THE SOUTH SEA BUBBLE (1720). I. THE PROPOSALS: THE SECOND SCHEME OF THE SOUTH SEA COMPANY. +Source.+--_The Schemes of the South Sea Company and the Bank of England as Propos'd to the Parliament for the Reducing of the National Debts._ London, 1720. _To the Honourable the Commons of Great Britain in Parliament Assembled._