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CONTENTS. CHAPTER I. THE HISTORY OF SHIPS AND SHIPPING INTER- PAGE ESTS (continued). Extent of the Subject-The First American 1 Colony-Hostilities with the Indians-117 Settlers Missing-Raleigh's Search for El Dorado-Little or no Gold discovered-2,000 Spaniards engage in another Search-Disastrous Results-Dutch Rivalry with the English-Establishment of two American Trading Companies-Of the East India Company-Their first Great Ship-Enormous Profits of the Ven- ture-A Digression-Officers of the Company in Modern Times-Their Grand Perquisites-Another Naval Hero-Monson a Captain at Eighteen-His appreciation of Stratagem-An Eleven Hours' hand-to-hand Contest-Out of Water at Sea-Monson two years a Galley Slave-Treachery of the Earl of Cumber- land-The Cadiz Expedition-Cutting out a Treasure Ship-Prize worth 200,000-James I. and his Great Ship-Monson as Guardian of the Narrow Seas-After the British Pirates-One of their Haunts-A Novel Scheme-Monson as a Pirate himself-Meeting of the sham and real Pirates-Capture of a Num- ber-Frightened into Penitence-Another caught by a ruse.