But of one thing we may be certain: he was seeking adventure according to his nature, and eager for any heroic employment; and it goes without saying that he entered into the great excitement of the day--adventure in America. Elizabeth was dead. James had just come to the throne, and Raleigh, to whom Elizabeth had granted an extensive patent of Virginia, was in the Tower. The attempts to make any permanent lodgment in the countries of Virginia had failed. But at the date of Smith's advent Captain Bartholomew Gosnold had returned from a voyage undertaken in 1602 under the patronage of the Earl of Southampton, and announced that he had discovered a direct passage westward to the new continent, all the former voyagers having gone by the way of the West Indies. The effect of this announcement in London, accompanied as it was with Gosnold's report of the fruitfulness of the coast of New England which he explored, was something like that made upon New York by the discovery of gold in California in 1849. The route by the West Indies, with its incidents of disease and delay, was now replaced by the direct course opened by Gosnold, and the London Exchange, which has always been quick to scent any profit in trade, shared the excitement of the distinguished soldiers and sailors who were ready to embrace any chance of adventure that offered.