Such in its main outlines was the instrument of which the great queen, her ministers, and her captains made magnificent use. It was but modest and even weak in itself; but in truth the Royal Navy was only part of the naval force at the disposal of Elizabeth. During the forty-four years of her reign, we constantly find that the vanguard in all actions, and a great part of the main body of the queen's sea power, was formed of adventurers. In the following century, and from the time of the first Dutch war, it is possible to tell the history of the navy with rare references to the action of those volunteers who fought for their own hand as privateers. But this was by no means the case with the navy of Queen Elizabeth. The most famous of her captains gained their reputation by privateering voyages, and were only taken into her service when they were already known leaders. To the end of her long war with Spain the private ship is found fighting alongside the queen's. The most successful of her expeditions against the Spaniard, whether in Europe or in the New World, were carried out by what, according to modern practice, would be a very strange partnership between the Crown and speculators, who, no doubt, had patriotic motives, but who had also very direct interest in the pecuniary results of the campaign. In fact, the word adventurer in the language of Elizabeth's time was commonly applied, not to the sea-captains, mariners, and soldiers who assailed the Spaniard in the West Indies, but to the shipowners and capitalists who found the money for fitting out the expedition, and who claimed two-thirds of the prize as their reward.