voyage, "two thousand nine hundred and twenty ducats, which amount
to one million, ninety-four thousand five hundred maravedis." He
is to have certain privileges of trade, being allowed to carry
merchandise. Rodrigo de Acuña is appointed captain of the fourth ship,
with a salary of three hundred and seventy-five thousand maravedís. He
may invest fifty thousand maravedís in the fleet, such sum being
advanced from his salary. The accountant for the fleet, Diego Ortiz de
Orue, is instructed to fulfil the duties incident to his office (these
are named), and to keep full accounts. Instructions are issued also
to the treasurer, Hernando de Bustamante, who is ordered "to obey our
captain and the captain of your ship, and try to act in harmony with
our officials, and shun all manner of controversy and discord." He must
discuss with the captains and officials questions pertaining to his
duty, for the better fulfilment thereof. (Nos. iii-vi, pp. 207-218.)

Toledo, May 13, 1525. The crown reserves the right to appoint persons
to take the place of any officials dying during the expedition. In
case Loaisa should die, his office as governor of the Moluccas is to
be filled in the following order: Pedro de Vera, Rodrigo de Acuña,
Jorge Manrique, Francisco de Hoces. His office as captain-general falls
first to Juan Sebastian del Cano; then to those above named. Further,
the chief treasurer, factor, and accountant are next in succession; and
after them a captain-general and other officers shall be elected by the
remaining captains, treasurers, factors, and accountants. Instructions
are given to Diego de Covarrubias as to his duties as factor-general
of the Moluccas. He is to exercise great care in all matters connected
with trade, selling at as high rates as possible. (Nos. vii, viii,
pp. 218-222.)

A relation by Juan de Areizaga [4] gives the leading events of