Hubbard on the Phantom Ship

Another deplorable loss befell New England the same year, wherein New Haven was principally concerned, and the southern parts of the country; for the inhabitants of that town, being Londoners, were very desirous to fall into a way of traffic, in which they were better skilled than in matters of husbandry; and to that end had built a ship of one hundred tons, which they freighted for London, intending thereby to lay some foundation of a future trade; but either by the ill form of her building, or by the shifting of her lading, (which was wheat, which is apt to shift its place in storms,) the vessel miscarried, and in her seventy persons, some of whom were of the principal part of the inhabitants, with all the wealth they could gather together. The loss of persons and goods was sadly bewailed by all that Colony, it being attended with so many solemn circumstances that they were all at a loss to know how to understand the mind of God therein, but were forced after all to acquiesce in the sovereignty and wisdom of the Almighty, who worketh all things according to the counsel of his own will, and rendereth to none account of his ways. God can make contentment with poverty greater gain to his people than riches and wealth without his presence and blessing.

William Hubbard, A General History of New England (Boston: Little and Brown, 1848), p. 527.

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