So anyway, after Raleigh got back from America his ship sank right at the dock (don't remember why it sank). The Queen was coming by to praise him for bringing back all this great stuff and there it all was, in the drink. He gets pretty concerned figuring his head was coming off or some such since he had nothing to show the Queen. Somebody (don't remember who) brought a barrel of cargo up, turned out it was some taffy. Raleigh figures he's toast because the taffy has been in the drink and is certainly ruined and here some is being given to the Queen. Turns out the time in the water turned the regular taffy into salt water taffy and Raleigh is a big hero. That's what Mr. Peabody said anyway.