Galleons were large, multi-decked sailing ships developed in Spain and Portugal and first used as armed cargo carriers by Europeans from the 16th to 18th centuries during the Age of Sail and were the principal vessels drafted for use as warships until the Anglo-Dutch Wars of the mid-17th century. Galleons generally carried three or more masts with a lateen fore-and-aft rig on the rear masts, were carvel built with a prominent squared off raised stern, and used square-rigged sail plans on their fore-mast and main-masts .
67-413: Golden Hind was a galleon captained by Francis Drake in his circumnavigation of the world between 1577 and 1580. She was originally known as Pelican, but Drake renamed her mid-voyage in 1578, in honour of his patron, Sir Christopher Hatton , whose crest was a golden hind (a female red deer ). Hatton was one of the principal sponsors of Drake's world voyage. A full-sized, seaworthy reconstruction
134-601: A lateen sail continuing to be used on the last (usually third and fourth) masts. They were used in both military and trade applications, most famously in the Spanish treasure fleet , and the Manila galleons. While carracks played the leading role in early global explorations, galleons also played a part in the 16th and 17th centuries. In fact, galleons were so versatile that a single vessel might be refitted for wartime and peacetime roles several times during its lifespan. The galleon
201-648: A master shipwright . This manuscript, held at the Pepysian Library, Magdalene College, Cambridge, provides an authentic reference for the size and shape of typical English galleons built during this period. Based on these plans, the Science Museum, London has built a 1:48 scale model ship that is an exemplar of galleons of this era. Middle Temple The Honourable Society of the Middle Temple , commonly known simply as Middle Temple ,
268-610: A complement of 164 and reached the Brazilian coast in early 1578. On 1 March 1579, now in the Pacific Ocean, off the coast of Ecuador, Golden Hind challenged and captured the Spanish galleon Nuestra Señora de la Concepción . This galleon had the largest treasure captured to that date: over 360,000 pesos (equivalent to around £480 million in 2017). The treasure took six days to transship and included 26 tons of silver, half
335-439: A copy by Peter Lely of the original by Anthony van Dyck , and also portraits of Charles II, James II, William III, Elizabeth I, Queen Anne and George I. On the walls are panels bearing the coats of arms of Readers (senior members ) dating back to 1597. The first recorded performance of Shakespeare's play Twelfth Night occurred in the hall on 2 February 1602. Shakespeare himself was probably present. The hall survived
402-421: A galleon was seaworthy. To cover the expense, galleons were often funded by groups of wealthy businessmen who pooled resources for a new ship. Therefore, most galleons were originally consigned for trade, although those captured by rival states were usually put into military service. The most common gun used aboard a galleon was the demi-culverin , although gun sizes up to demi-cannon were possible. Because of
469-526: A member of the Inn, Robert Ashley , died and left his collection of books and £300 to the Inn. This library was demolished in 1830. After an interval of three decades, a new library was built, in a Gothic style designed by architect H. R. Abraham. It was opened by The Prince of Wales on 31 October 1861. This Victorian library was badly damaged during the London Blitz in 1940, and was demolished following
536-403: A much-used film location, as has Middle Temple generally, because of its cobbled streets, historic buildings and gas lighting. Little is known about the original library, which was probably just a room in a barristers' chambers. All the books were stolen prior to the reign of Henry VIII. In 1625 a new library was established at the site of what is now Garden Court, and in 1641 it was enlarged when
603-459: A new trading company for the Levant . Her return, and that of other investors, was more than £47 for every £1 invested, or 4,700%." After Drake's circumnavigation, Golden Hind was maintained for public exhibition at the dockyard at Deptford, London. The ship remained there from 1580 to around 1650, 45 years after Elizabeth had died, before the ship eventually rotted away and was broken up. In 1668,
670-492: A round tuck, and by having a snout or head projecting forward from the bows below the level of the forecastle. While carracks could be very large for the time, with some Portuguese carracks over 1,000 tons , galleons were generally smaller, usually under 500 tons although some Manila galleons were to reach a displacement of 2,000 tons. With the introduction of the galleon in Portuguese India Armadas during
737-547: A ton of gold, porcelain, jewellery, coins, and jewels. On 26 September 1580, Francis Drake sailed his ship into Plymouth Harbour with 56 of the original crew of 80 left aboard. The ship was unloaded at Trematon Castle nearby, supervised by the Queen's guards. The final treasure also included six tons of cloves from the Spice Islands , at the time worth their weight in gold. Elizabeth herself went aboard Golden Hind , which
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#1732765941950804-494: Is buried in the Temple Church. Blackstone, living on the floor below Goldsmith's chambers, complained about the noise made by Goldsmith's raucous parties, which were attended by many celebrities of the time, including Samuel Johnson . Blackstone later moved to Pump Court; whether because of the parties or for some other reason is unknown. Next to Brick Court are the buildings called Essex Court, which actually form part of
871-642: Is in London, on the south bank of the Thames . Queen Elizabeth I partly sponsored Sir Francis Drake as the leader of an expedition intended to pass around South America through the Strait of Magellan and to explore the coast that lay beyond. The queen's support was advantageous; Drake had official approval to benefit himself and the queen and cause the maximum damage to the Spaniards . This eventually culminated in
938-656: Is one of the four Inns of Court entitled to call their members to the English Bar as barristers , the others being the Inner Temple (with which it shares Temple Church ), Gray's Inn and Lincoln's Inn . It is located in the wider Temple area of London, near the Royal Courts of Justice , and within the City of London . As a liberty , it functions largely as an independent local government authority. During
1005-713: Is still part of the arms of Middle Temple today. All of the Inn's records were burned during the Peasants' Revolt of 1381. After Henry VIII seized the Temple from the Knights Hospitaller in 1540, each Inn continued to hold its share of the Temple as tenants of the Crown for £10 a year, until it was granted to them jointly in 1608 by James I , to be held in perpetuity so long as they continue to provide education and accommodation to lawyers and students and maintain
1072-575: The Anglo–Spanish War . Before setting sail, Drake met the queen face-to-face for the first time and she said to him, "We would gladly be revenged on the King of Spain for divers injuries that we have received." The explicit object was to "find out places meet to have traffic." Drake, however, acted as a privateer , with unofficial support from Elizabeth. The design of the Golden Hind was based on
1139-606: The Court of Common Pleas , held at Middle Temple, had to be resolved by an act of Parliament, the Records of Fires Burnt, etc. Act 1679 ( 31 Cha. 2 . c. 3) The first woman to be admitted to any Inn was Helena Florence Normanton , who joined Middle Temple as a student member on 24 December 1919. Olive Clapham , who joined Middle Temple on 17 January 1920, became the first woman to pass the bar finals examinations in May 1921. The Temple
1206-660: The Middle Temple Hall, London is also reputed to have been made from the wood of Golden Hind. Upon the cupboard is placed the roll of members of Middle Temple, which new members sign when they are called to the Bar. The ship's lantern was hung in the vestibule of Middle Temple Hall, but was destroyed during the Second World War. A replica of Golden Hind was constructed at Peter Pan's Playground (now Adventure Island adventure park ), Southend-on-Sea , Essex. It
1273-505: The Spanish built nao Victoria , the first ship to circumnavigate the world, and is described as a "mid-16th-century warship during the transition from the carrack to the galleon ," and measured about 120 tons. He first named his flagship Pelican , but renamed her Golden Hind on 20 August 1578 to honour his patron, Sir Christopher Hatton , whose family crest was a golden hind. He set sail in December 1577 with five small ships with
1340-654: The Temples Order 1971 . It geographically falls within the boundaries and wards of the City. Some of the Inn's buildings (those along Essex Street, Devereux Court and the Queen Elizabeth Building near the Embankment) lie just outside the liberty of the Middle Temple and the City's boundary, and are actually situated in the City of Westminster . Quadrant House (7–15 Fleet Street) was acquired by
1407-658: The 12th and early 13th centuries the law was taught, in the City of London , primarily by the clergy. But a papal bull in 1218 prohibited the clergy from practising in the secular courts (where the English common law system operated, as opposed to the Roman civil law favoured by the Church). As a result, law began to be practised and taught by laymen instead of by clerics. To protect their schools from competition, first Henry II and later Henry III issued proclamations prohibiting
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#17327659419501474-402: The 16th century, a lowering of the carrack 's forecastle and elongation of the hull gave the ocean-going ships an unprecedented level of stability in the water, and reduced wind resistance at the front, leading to a faster, more maneuverable vessel. The galleon differed from the carrack and other older types primarily by being longer, lower and narrower, with a square tuck stern instead of
1541-502: The 16th century. (There is a list here , showing the dates of construction, architect, and listed status.) The Inn is also jointly responsible, with Inner Temple, for Temple Church and the Master's House next to the church, a Georgian townhouse built in 1764. Construction of Middle Temple Hall began in 1562 and was completed in the early 1570s. Its hammerbeam roof has been said to be the best in London. Queen Elizabeth I visited
1608-549: The 1924 British Empire Exhibition , on the recommendation of Agatha Christie . Galleon Such ships played a major role in commerce in the sixteenth and seventeenth centuries and were often drafted into use as auxiliary naval war vessels—indeed, they were the mainstay of contending fleets through most of the 150 years of the Age of Exploration —before the Anglo-Dutch wars made purpose-built warships dominant at sea during
1675-533: The 400th anniversary of the charter of James I was celebrated by Elizabeth II issuing new letters patent confirming the original grant. The Middle Temple owns 43 buildings, many of which are listed buildings . The ones in the Temple itself are still held under the 1608 letters patent of James I, but some others just outside the Temple were bought subsequently. Some buildings are modern, replacing ones which were destroyed in The Blitz , but others date back to
1742-475: The Great Fire of London in 1666, but was damaged by bombing in the Second World War. Middle Temple Hall is at the heart of the Inn, hosting several events per year for members of the Inn (and sometimes their guests), some of which also count as qualifying sessions for student members. Middle Temple Hall is also a popular venue for banqueting, weddings, receptions and parties. In recent years, it has become
1809-507: The Inn is occupied by barristers' offices, known as barristers' chambers . One of the Middle Temple's main functions now is to provide education and support to new members of the profession. This is done through advocacy training, the provision of scholarships (over £1 million in 2011), subsidised accommodation both in the Temple and in Clapham, and by providing events where junior members may meet senior colleagues for help and advice. In 2008
1876-528: The Inner Temple) is one of the few remaining liberties , an old name for a geographic division. It is an independent extra-parochial area , historically not governed by the City of London Corporation (and is today regarded as a local authority for most purposes) and equally outside the ecclesiastical jurisdiction of the Bishop of London . The Middle Temple's functions as a local council are set out in
1943-512: The Middle Temple in 1999, and after five years of conversion is now a barristers' chambers. This lies outside the liberty (though immediately adjacent to it) but is within the City of London. The badge of the Middle Temple consists of the Lamb of God with a flag bearing the Saint George's Cross . This symbol appears in the centre of the Inn's coat of arms , against a background consisting of
2010-733: The Panama Canal to continue port visits on the Gulf and east coasts of the US. In 1992, she returned home to the UK and spent the next four years visiting ports in Europe. Since 1996, she has been berthed at St Mary Overie Dock, in Bankside , Southwark , London , where she is open to the public and hosts a range of educational programmes. A replica of Golden Hind formed part of the children's playground at
2077-684: The Parliament. The Executive Committee consists of nine voting members (including the Treasurer and the Deputy Treasurer) and six non-voting members (including the Under Treasurer). The Treasurer for 2024 was Paul Darling OBE KC, who died on 2 August 2024; he is succeeded by the former Deputy Treasurer, Dame Kathryn Thirlwall DBE. The Chief Executive and Under Treasurer is Christopher Ghika KCVO CBE. Middle Temple (like
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2144-566: The Temple Church and its Master. The Temple Church , consecrated in 1185, still stands as a " Royal Peculiar " (extra-diocesan) church of the Inner and Middle Temples. Much of the Middle Temple was destroyed in a fire in January 1679, which caused more damage to the Inn than the Great Fire of 1666 . The Thames being frozen over, beer from the Temple cellars was used to fight the fire, which
2211-599: The Temple since 1320, when they were the tenants of the Earl of Lancaster , who had held the Temple since 1315. The Temple later belonged to the Knights Hospitaller . In 1346 the knights again leased the premises to the lawyers – the eastern part (which became Inner Temple ) to lawyers from Thavie's Inn , an Inn of Chancery in Holborn, and the western part to lawyers from St George's Inn. The Cross of St George
2278-459: The Temple), and Middle Temple Hall. The current buildings of Garden Court, which lie along the western edge of the Temple, were constructed in 1883. South of Garden Court are Blackstone House, Queen Elizabeth Building, and a gate leading out of the Temple (and a short distance from Temple tube station ). South of the hall, and east of the gardens, are Plowden Buildings, built in 1831, which contain
2345-496: The Temple. Most of the buildings here belong to Middle Temple, except those in the north west corner. Further east are Middle Temple's cloisters , leading to Church Court between Temple Church and Inner Temple Hall. North of Pump Court is Inner Temple's Hare Court, and then more buildings belonging to Middle Temple, until the lane ends at the gate to Fleet Street. Parallel with and to the east of Middle Temple Lane lies Inner Temple Lane, which runs from Fleet Street to Church Court. On
2412-608: The Treasurer who is elected annually. Parliament approves the Inn's budget and authorises Call of qualified student members to the Bar. Members of the British royal family who are made honorary benchers are known as "Royal Benchers". The first of these was the Prince of Wales, later Edward VII , who was made a Royal Bencher when he opened the newly constructed library in 1861. The Inn is run from day to day by an Executive Committee and five Standing Committees, which are accountable to
2479-453: The Treasurer's office. South of that is the current library, and then, at the end of Middle Temple Lane, are the buildings called Temple Gardens, built on both sides of the lane by both Inns in 1861. The western part belongs to Middle Temple, and the eastern part is Inner Temple's. The lane passes through the middle of Temple Gardens via an archway and leads out of the Temple. Along the east side of Middle Temple Lane (proceeding northwards from
2546-522: The accounts of the crusades were the same vessels. In the early 16th century, the Venetian galleoni were a new class of galley used to hunt down pirates in the Mediterranean Sea . Later, when the term started to be applied to sail-only vessels, it meant, like the English term "man-of-war", any large warship that was otherwise no different from the other sailing ships of the time. During
2613-464: The application of various innovations, and they were particularly linked with the military capabilities of the Atlantic sea powers. It was the captains of the Spanish navy, Pedro Menéndez de Avilés and Álvaro de Bazán , who designed the definitive long and relatively narrow hulled galleon in the 1550s. The galleon was powered entirely by wind, using sails carried on three or four masts , with
2680-512: The capacious Spanish galleons, designed primarily as transports, showed great endurance in the battles and in the long and stormy return home. Galleons were constructed from oak (for the keel ), pine (for the masts) and various hardwoods for hull and decking . Hulls were usually carvel -built. The expenses involved in galleon construction were enormous. Hundreds of expert tradesmen (including carpenters , pitch-melters , blacksmiths , coopers , shipwrights , etc.) worked for months before
2747-618: The east belong to one Inn or the other. Proceeding south from the Fleet Street gatehouse, Middle Temple Lane passes Brick Court to the west, so called because it is said to consist of the first brick buildings to be built in the Temple, in the reign of Elizabeth I. Sir William Blackstone worked here before becoming the first professor to lecture in law at Oxford University. The poet and playwright Oliver Goldsmith also lived here from 1765 (having earlier resided in Garden Court), and
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2814-598: The east side of Inner Temple Lane, and opposite Hare Court, is Goldsmith Building, so named because of its proximity to Goldsmith's tomb in the adjacent Temple Church. Despite its location in the Inner Temple, Goldsmith Building actually belongs to Middle Temple, for reasons which are no longer remembered. It was built in 1861. The Inn's supreme body is its Parliament, which is made up of the Benchers (judges and senior barristers), who are elected for life, and headed by
2881-409: The fire, and which had belonged to Inner Temple. The Lamb of God is the symbol of Middle Temple and is engraved above the entrances to the building. Behind Lamb Buildings, further east, is Elm Court, built in 1880. The buildings on the south and east sides of Elm Court are part of Inner Temple; the west and north buildings are Middle Temple. Further north is Pump Court , one of the oldest courts in
2948-645: The first quarter of the 16th century, carracks' armament was reduced as they became almost exclusively cargo ships (which is why the Portuguese carracks were pushed to such large sizes), leaving any fighting to be done to the galleons. One of the largest and most famous of Portuguese galleons was the São João Baptista (nicknamed Botafogo , "Spitfire"), a 1,000-ton galleon built in 1534, said to have carried 366 guns. Friar Manuel Homem says that this galleon mounted 366 bronze pieces of artillery, including
3015-498: The hall in 1578, unannounced, to inspect the new building and listen to a debate between barristers. This is the earliest known visit of a reigning monarch to an Inn of Court. One of the tables at the end of the hall is traditionally said to have been made from the timbers of the Golden Hinde , the ship used by Sir Francis Drake to circumnavigate the world. Above the table is a massive painting of King Charles I thought to be
3082-522: The harbour of the sea port of Brixham in Devon ( GB-TOB 50°23′48″N 3°30′46″W / 50.39667°N 3.51278°W / 50.39667; -3.51278 ) since 1963 following its use in the TV series Sir Francis Drake , which was filmed in and around the bays of Torbay and Dartmouth. The replica ship used in the TV series cost the film studio £25,000 to construct. It had no rear gallery or gun deck and
3149-712: The keeper of the stores at Deptford, John Davies of Camberwell, had the best remaining timber of Golden Hind made into a chair now called the Drake Chair which was presented to the Bodleian Library at the University of Oxford , where it remains (with a replica in the Great Hall, Buckland Abbey , Devon, Drake's home and now maintained by the National Trust ). A table, known as the cupboard, in
3216-445: The long periods often spent at sea and poor conditions on board, many of the crew often perished during the voyage; therefore advanced rigging systems were developed so that the vessel could be sailed home by an active sailing crew a fraction of the size aboard at departure. The most distinguishing features of the galleon include the long, prominent beak or beakhead followed by a foremast and mainmast , both noticeably taller than
3283-482: The northern boundary of the Inn, was built in 1684 by Sir Christopher Wren . It replaced an earlier one which had been allowed to decay until it had to be demolished. It leads into Middle Temple Lane, which proceeds southwards through the Inn to end at gates on the Victoria Embankment , south of the Temple. All of the buildings in the Temple lying west of the lane belong to Middle Temple; the buildings to
3350-488: The ones that garrisoned the high castles of stern and bow. Carracks were usually lightly armed and used for transporting cargo in all the fleets of other Western European states, while galleons were stronger, more heavily armed, and also cheaper to build for the same displacement (five galleons could cost around the same as three carracks) and were therefore a much better investment for use as heavily armed cargo ships or warships. Galleons' design changed and improved through
3417-526: The remainder of the Age of Sail . The word galleon , "large ship", comes from Spanish galeón , "galleon", "armed merchant ship" or from Old French galion , "armed ship of burden" from Medieval Greek galea , " galley ", to which the French or Spanish augmentative suffix -on is added. Another possible origin is the Old French word galie , "galley"; also from Medieval Greek galea . The galea
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#17327659419503484-548: The same courtyard. The earliest record of Essex Court is from 1640, but the original buildings were replaced in 1656 and 1677. Today Essex Court and Brick Court are occupied by barristers' chambers. Through a passageway to the west is New Court, built by Wren, and a gate leading out of the Temple into Devereux Court and Essex Street. (Another passageway to the north leads through Outer Temple to Fleet Street.) South of New Court and Essex Court lies Fountain Court. The fountain there
3551-493: The same cross (a red cross on a white field). The cross, and the lamb with the flag, each were symbols of the Knights Templar . The Inn's student members are required to attend a minimum of 10 qualifying sessions, 6 of which must be attended in person, either at the Inn or "on circuit" (outside London) . Qualifying sessions, formerly known as "dinners", combine collegiate and educational elements and will usually combine
3618-496: The single or double lateen-rigged mizzenmasts with their sloped lateen-rig yards, and below those the square quarter gallery at the stern . On average with three masts, in larger galleons, a fourth mast was added, usually another lateen-rigged mizzen, called the bonaventure mizzen . The oldest known scale drawings in England are in a manuscript called "Fragments of Ancient Shipwrightry" made in about 1586 by Mathew Baker ,
3685-405: The southern archway), the buildings belong to Inner Temple, until the lane reaches Lamb Buildings. Lamb Buildings belong to Middle Temple, which bought the land from Inner Temple after the Great Fire of 1666. Inner Temple needed the money because it found itself short of funds due to the extensive property destruction. Lamb Buildings are built on the site of Caesar's Buildings, which were destroyed in
3752-505: The teaching of the civil law within the City of London. The common law lawyers migrated to the hamlet of Holborn , as it was easy to get to the law courts at Westminster Hall and was just outside the City. They were based in guilds , which in time became the Inns of Court. The Middle Temple is the western part of " The Temple ", which was the headquarters of the Knights Templar until they were dissolved in 1312. There have been lawyers in
3819-585: The war. A new Library was constructed in the 1950s to a design by Edward Maufe and opened by the Queen Mother in 1958. The building still houses the Inn's library and archives as well as various administrative offices, and is now known as the Ashley Building. Middle Temple Library possesses Emery Molyneux 's terrestrial and celestial globes , which are of particular historical cartographical value. The present gatehouse, on Fleet Street on
3886-538: Was a converted fishing boat. The ship sank in heavy seas whilst under tow in 1987 to Dartmouth for restoration and could not be saved. A second replica was completed in 1988 and stands in the harbour being visited by thousands of visitors annually. The current vessel based on a steel barge is not full size and could never sail. Golden Hinde , a full-size reconstruction of the ship, was built by traditional methods in Appledore, Devon , and launched in 1973. Golden Hinde
3953-412: Was a warship of the Byzantine navy , and its name may be related to the Greek word galeos , " dogfish shark ". The term was originally given to certain types of war galleys in the Middle Ages . The Annali Genovesi mention galleons of 60, 64 and 80 oars, used for battle and on missions of exploration, in the 12th and 13th centuries. It is very likely that the galleons and galliots mentioned in
4020-401: Was constructed in 1947 and opened in 1949 together with a waxworks. By 1992, attendances had dropped, and combined with rising maintenance costs with the need for a major renovation to the wooden structure caused its closure in 1997. The ship was replaced by a replica of Blackbeard's Queen Anne's Revenge , which was demolished in 2013. A replica of Golden Hind has been permanently moored in
4087-529: Was damaged extensively during the Blitz (1940–1944). The Library was destroyed, much of the Church was destroyed, the Master's House burned down, and the Hall was badly damaged. 112 chambers were destroyed, out of a pre-war total of 285 (39%). The Inns served as colleges for the education of lawyers until they stopped being responsible for legal education in 1852, although they continue to provide training in areas such as advocacy and ethics for students, pupil barristers and newly qualified barristers. Most of
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#17327659419504154-417: Was described by Charles Dickens in Martin Chuzzlewit . In her notes to her poem The Middle Temple Gardens , Letitia Elizabeth Landon says of it: 'it is the poetry of the place, or, rather, the voice of the poetry with which it is filled'. To the south of Fountain Court are, from west to east, Garden Court (where the old library used to be), Middle Temple Gardens (which extend to the southern perimeter of
4221-422: Was established as an educational museum. In 1984–85, she sailed around the British Isles and then crossed the Atlantic to St Thomas in the Caribbean . In 1986, she passed through the Panama Canal to sail on to Vancouver , where she was the main attraction in the Marine Plaza at Expo86. In 1987, she began a tour of US coastal cities, spending two years on the Pacific coast. In late 1988, she passed back through
4288-424: Was eventually only contained by blowing up some buildings with gunpowder. The Lord Mayor of London tried to exploit the occasion to assert his own jurisdiction over the Temple – which was independent of the City – and on being thwarted in this endeavour, he turned back a fire engine which was on its way to the fire from the City. Issues related to the destruction of records of the Office of the Chirographer of Fines of
4355-456: Was the prototype of all square-rigged ships with three or more masts for over two and a half centuries, including the later full-rigged ship . The principal warships of the opposing English and Spanish fleets in the 1588 confrontation of the Spanish Armada and in the 1589 confrontation of the English Armada were galleons, with the modified English race-built galleons developed by John Hawkins proving their great utility in combat, while
4422-424: Was the result of three years research and construction. Since then, she has travelled more than 140,000 miles (225,000 km). She sailed from Plymouth on her maiden voyage in late 1974, arriving on 8 May 1975 in San Francisco . In 1979, she sailed to Japan to make the miniseries Shōgun , after which she returned to the UK having completed a circumnavigation. Between 1981 and 1984, she was berthed in England and
4489-425: Was then permanently at Deptford on the south bank of the Thames, where she had requested it be placed on permanent display as the first museum ship . There, she shrewdly asked the French ambassador to bestow a knighthood on Drake. Over half of the proceeds went to the crown - her share of the treasure came to at least £160,000: "enough to pay off her entire government debt and still have £40,000 left over to invest in
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