be destroyed. The torch was set to it, and Panama, one of the greatest
cities in the New World, was swept from the face of the earth. Why the
deed was done, no man but Morgan could tell. Perhaps it was that all
the secret hiding places for treasure might be brought to light; but
whatever the reason was, it lay hidden in the breast of the great
buccaneer himself. For three weeks Morgan and his men abode in this
dreadful place; and they marched away with ONE HUNDRED AND SEVENTY-FIVE
beasts of burden loaded with treasures of gold and silver and jewels,
besides great quantities of merchandise, and six hundred prisoners held
for ransom.

Whatever became of all that vast wealth, and what it amounted to, no
man but Morgan ever knew, for when a division was made it was found that
there was only TWO HUNDRED PIECES OF EIGHT TO EACH MAN.

When this dividend was declared a howl of execration went up, under
which even Capt. Henry Morgan quailed. At night he and four other
commanders slipped their cables and ran out to sea, and it was said that
these divided the greater part of the booty among themselves. But the
wealth plundered at Panama could hardly have fallen short of a million
and a half of dollars. Computing it at this reasonable figure, the
various prizes won by Henry Morgan in the West Indies would stand as
follows: Panama, $1,500,000; Porto Bello, $800,000; Puerto del
Principe, $700,000; Maracaibo and Gibraltar, $400,000; various piracies,
$250,000--making a grand total of $3,650,000 as the vast harvest of
plunder. With this fabulous wealth, wrenched from the Spaniards by
means of the rack and the cord, and pilfered from his companions by the
meanest of thieving, Capt. Henry Morgan retired from business, honored
of all, rendered famous by his deeds, knighted by the good King Charles
II, and finally appointed governor of the rich island of Jamaica.