Dan Seitz

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In this, the first phase of his career abroad, Magellan had displayed remarkable bravery and toughness, but in the end his foreign service proved a mixed adventure. He invested most of his fortune with a merchant who soon died; in the ensuing confusion, Magellan lost most of his assets. He petitioned King Manuel for restitution, but the king refused the request.
Over the Edge of the World: Magellan's Terrifying Circumnavigation of the Globe
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