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47.

North of the region of my investigations, and in the immediate neighborhoods of both St. Augustine and Pensacola; so far as I can learn, by diligent inquiry, not only have no coins, but no other relics of any of the Spanish ventures ever been discovered.  The only expeditions now left for consideration are those of De Narvaez in 1528 and De Soto in 1539, and it seems to me that a fair balancing of the probabilities warrants the conclusion that the coins which I dug from the ancient tumuli, and one of which is still in my possession, were brought to America in the money chests of one of these leaders, and those who are better versed than myself in the niceties of historic analysis agree with me in the hypothesis that it was rather in those of the latter; and for this reason.  Previous to starting upon his great campaign De Soto made a settlement at the place of landing, remaining there for sometime, during a part of which, at least, he
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