Whoever wishes to be well acquainted with the morbid anatomy of governments, whoever wishes to know how great states may be made feeble and wretched, should study the history of Spain. The empire of Philip the Second was undoubtedly one of the most powerful and splendid that ever existed in the world. In Europe, he ruled Spain, Portugal, the Netherlands on both sides of the Rhine, Franche Comte, Roussillon, the Milanese, and the Two Sicilies. Tuscany, Parma, and the other small states of Italy, were as completely dependent on him as the Nizam and the Rajah of Berar now are on the East India Company. In Asia, the King of Spain was master of the Philippines and of all those rich settlements which the Portuguese had made on the coasts of Malabar and Coromandel, in the {78}Peninsula of Malacca, and in the spice-islands of the Eastern Archipelago. In America, his dominions extended on each side of the equator into the temperate zone. There is reason to believe that his annual revenue amounted, in the season of his greatest power, to a sum near ten times as large as that which England yielded to Elizabeth. He had a standing army of fifty thousand excellent troops, at a time when England had not a single battalion in constant pay. His ordinary naval force consisted of a hundred and forty galleys. He held, what no other prince in modern times has held, the dominion both of the land and of the sea. During the greater part of his reign, he was supreme on both elements. His soldiers marched up to the capital of France; his ships menaced the shores of England.