Today is the anniversary of Francis Drake's knighting, 431 years ago. Wires has a recap of Drake's voyage that earned him the honor.
Technically, Drake was a privateer instead of a pirate although the Spanish wanted him hung as a pirate. It was not circumnavigating the Earth that won Drake his knighthood, it was the huge return he brought on Queen Elizabeth's investment. Drake's hold not only held Spanish gold, it also held tons of spices which were worth their weight in gold.
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