In 1602 the Earl of Southampton defrayed most of the expenses for fitting out the ship Concord, which Gosnold commanded on a voyage of exploration to the New World. Gosnold reached the North American coast in lower Maine, then sailed southward to a peninsula that he named Cape Cod as he took aboard a “great store of codfish.” During that voyage to New England he also explored the coastal waters along Nantucket Sound, Martha’s Vineyard, and Narragansett Bay. He returned to England with a cargo of lumber, sassafras, and furs.
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