Pioneers in Canada. Harry Johnston

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of £20 a year (which he only drew for two years, probably because he died after returning from a second voyage to the North-American coast), and he received a renewal of his patent of discovery in February, 1498. In this patent it is evidently inferred that King Henry VII assumed a sovereignty over these distant regions because of John Cabot's hoisting of the English flag on "the new Isle" (Cape Breton Island) in the preceding year.

      The new expedition of 1498 was a relatively important affair. The king assisted to finance the ventures of the Bristol captains, and five of his ships formed part of the little fleet. It is probable that John Cabot was in command, and almost certain that his young son Sebastian was a passenger, possibly an assistant pilot. The course followed lay much farther to the north, and brought the little sailing vessels amongst the icebergs, ice floes, polar bears, and stormy seas of Greenland and Labrador. Commercially the voyage was a failure, almost a disaster. The ships returned singly, and after a considerable interval of time. Nevertheless, some of the king's loans were repaid to him; and in 1501 a regular chartered company was formed (perhaps at Bristol), with three Bristolians and three Portuguese as directors. Henry VII not only gave a royal patent to this association, but lent more money to enable it to explore and colonize these new lands across the western sea.

      From Cape North he crossed over to the south coast of Newfoundland, and followed this more or less till he came to Cape Race. Newfoundland was a "very cold and savage land", and Gomez decided it was no use prosecuting any farther his enquiry as to a water passage across North America, because, if it existed, it must lie in latitudes of frozen sea and be unnavigable.

      At different places along

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