An Exact and Perfect Relation Of the Arrival of the Ship the JAMES and MARY Captain PHIPPS Commander, With 200000 l. in Gold and Silver, taken up in nine Fathom Water from the bottom of the Sea, being a supposed Wreck of a Spanish Galion, Castaway above 43▪ years ago among the Bahama Islands, as it was taken from the aforesaid Captain, now riding in Gravesend Road.  
MAny have been the Attempts to discover the hidden Treasure of the Ocean, which by some, is Judged to equalise that of the Earth, but few have succeeded in this design, till the industrious Captain William Phipps, a Native of New-England, bend his Study and Resolution to bring that Art to so great a Perfection, as to anticipate Fame, and without such visible Demonstration, as he hath afforded us, to surmount belief itself; For certainly to tell Mankind of taking up the Cargo of above 40 years' Wreck in full Sea 17 Leagues from any Shoar in nine Fathem Water, would be thought to banter the Age, and turn the same to ridicule. But there having been such a wonderful instance, which will fill our Pockets with Coin, as well as our Ears with astonishment, I shall relate the particulars, (viz.)  
The said Captain Phipps having for some years pursued the Art of weighing of Wrecks, and not without considerable progress; and having good information of a Spanish Galion, that was cast away among the Rocks and Shoals of the Bahama Istands about the year 1643. not only by some Spaniards that were aboard her when she was lost, but also by observation of others that had been in search after her, but all miscarried in the point: The Captain had almost certain Knowledge that he might discover the place; and so like a good Subject acquainted His late Majesty first with the design, proffering his Life and Fortunes at his Prince's Service to search after it. But whether the impropability of the Adventure being looked upon as a Chimaera, or some other reason, the Captain was not countenanced; The said Captain thereupon acquainted some Noblemen and Persons of Quality with his fi●'d Resolution, and cogent Reasons to induce the belief of that performance; they readily joined issue with him, advancing what Money the Captain judged necessary to Equip him to Sea, being 2400 l. they being Persons not to be imposed upon, (viz.) His Grace the Duke of Alb.— e the Right Honourable the Lord F.— d, Sir James Hayes, Sir John Narborough, Mr. Nicholson, Mr. Foxcraft, and Mr. Smith, becoming his Owners or Proprietors, himself having only a Sixteenth part, who having provided himself with all materials, and one Tender and Sloop, Sailed out of the Downs in the Ship James and Mary about the 12. of September last, and having touched at some places for refreshment, he arrived about the middle of February last among the Bahama Islands, Shoals and Rocks; and after some days search happily pitched upon, and found the direct place where the Spanish Galiou in the year 1643. was cast away with great Riches Aboard, though the same was above 17 Leagues from any thing of Shoar, to the Westward of Florida in nine Fathom Water, where, having Moored his Ship at some distance, set his four Divers at work, though they were mightily impeded by the Tempestiousness of the Season, that they were forced to lie by a long space, having the prospect of Death every Minuit at the point of their Cable, for the Rocks were so numerous, that (like Scylla and Charybdis,) they were like to be split upon one, while they were endeavouring to avoid the other; Besides, they could not make use of their Engine, being a hollow Vessel evenly depressed almost to the bottom, retains the Air without filling with Water, whereby the Party diving, when almost spent his Breath, puts his head under the Vessel which replenishes him with Breath again; and in this dangerous posture they continued working above Six Weeks.  
And that which is observable, not the least Plank or Hull of the said Ship appeared; for the Ship being broke to pieces on the Rock, the parts were either driven away with the violence of the Waves, or consumed by the Worms which in those Seas will Eat through the thickest Plank in some years' time. And 'tis further remarkable, that the Silver had so long remained under Water, as to petrify a congealed Substance into White Coral-Trees growing thereon, some with mighty spreading Branches, even to a great height, which the Captain has Testimonials to show, having presented his Grace the Duke with this Curiosity; and having taken up as much as they could well find, left the said Bahama Island the second of last May, and with some stress of Wether made sight of Cilly Island the third of June following, and is now Happily arrived in the River of Thames on this side Graves end, with such a Treasure as to the Honour as well as Profit of the, Nation no Ship ever performed the like. His Grace the Duke of Alb— upon the receipt of this News, accompanied with Sir James Hayes, etc. went down the River, to bid the Captain Welcome; who coming on board, found all things so mightily to his Satisfaction, that his Grace Generously obliged every Man and Boy of the Ships Crew to Drink his Health; but left order that none go ashore till she is Unladen of her Cargo, being actually 26 Tons, and 700 l. weight of Silver, fifteen Tons thereof being Pieces of Eight, two Bars or Ingots of Gold 17 l. weight, six Brass Cannon of thirty hundred weight each, being as serviceable as at first, which amount in the whole to above 200000 l. besides all the Charges. She now rides on this side Gravesend, and is well Guarded, no persons being suffered to go aboard her, nor come ashore, without special Order. It is observable, that in this whole Voyage, the Captain hath lost neither Man nor Boy, although they were in so great hazard.  
This Relation was taken from a Gentleman who was on Board the said Ship the whole Voyage.  
FINIS.