An item dated Madrid, Spain 16 August reported that according to letters received from the West Indies the pirates formed several squadrons leaving the largest off Lorenzillo, causing problems and capturing a patache of Cuba. They were waiting in the South Sea waiting for the ship coming from Lima, Peru loaded with gold consisting of 18 million pieces of eight. While the galleons already departed was men afraid to sent the gold over sea towards Spain and was feared for a serious delay.
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