be accomplished, and to share equally with Father Luque all gains, both
of land and treasure, which should accrue from the expedition. This last
provision was in recognition of the fact that the priest had supplied by
far the greater part of the funds required, or apparently did so, for
from another document it appears that he was only the representative of
the Licentiate Gaspar de Espinosa, then at Panama, who really furnished
the money.

The next expedition met with great vicissitudes, and it was only the
invincible spirit of Pizarro which carried them as far as the Gulf of
Guayaquil and the rich city of Tumbez. Hence they returned once more to
Panama, carrying this time better tidings, and again seeking
reinforcements. But the governor of the colony gave them no
encouragement, and at last it was decided that Pizarro should go to
Spain and apply for help from the Crown. He did so, and in 1529 was
executed the memorable "Capitulation" which defined the powers and
privileges of Pizarro. It granted to Pizarro the right of discovery and
conquest in the province of Peru, (or New Castile as it was then
called,) the title of Governor, and a salary, with inferior honours for
his associates; all these to be enjoyed on the conquest of the country,
and the salaries to be derived from its revenues. Pizarro was to provide
for the good government and protection of the natives, and to carry with
him a specified number of ecclesiastics to care for their spiritual
welfare.

On Pizarro's return to America, he had to contend with the discontent of
Almagro at the unequal distribution of authority and honours, but after
he had been somewhat appeased by the efforts of Pizarro the third
expedition set sail in January, 1531. It comprised three ships, carrying
180 men and 27 horses--a slender enough force for the conquest of an