In 1496 a patent was granted to John Cabot and his sons, Lewis, Sebastian, and Sancius. This patent is interesting as the earliest surviving document which connects England with the New World. It gave the patentees full authority to sail with five ships under the royal ensign, and to set up the royal banner on any newly found land, as the vassals and lieutenants of the king. They were bound on their return to sail to Bristol and to pay a royalty of one-fifth upon all clear gain. The direction of the voyage, the cargo and size of the ships, and the mode of dealing with the natives, are all left to the discretion of the commander.
Of the details of the voyage itself, so full of interest for every Englishman, we have but the scantiest knowledge. In this respect the fame of Sebastian Cabot has fared far worse than that of the great discoverer with whom alone he may be compared.

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