History of merchant shipping and ancient commerce, Volume 2 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 2 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
her own fleets.
[Sidenote: Vigorous action of the Spanish ambassador.]
The Spanish ambassador was amazed. He could not suppress his
astonishment; but, when he urged that the money was required
immediately for the payment of his master’s troops, Elizabeth simply
pleaded the insecurity of transport, remarking that she would keep it
in perfect safety, though afterwards admitting that, as she was in
want of money, her vigorous government had retained it “as a loan.”
No sooner had the ambassador ascertained that this “loan” was to be
appropriated, one half in doubling the English fleet, and the other
in enabling the Prince of Orange to raise a second army against Alva,
than he drew up a statement of the circumstances in Spanish and English
for circulation in the city of London, and despatched his secretary
in a swift boat to urge Alva to immediate reprisals. As the English
trade with Flanders, though less than what it had been, was still a
considerable source of the wealth of the London merchants, the Spanish
ambassador hoped that they would join him in his protest and force the
Queen to reimburse the treasure she had so unceremoniously retained for
her own purposes. The Duke of Alva acted on the instant by arresting
every English resident in the Low Countries, seizing such English ships
as were in its ports, sequestering their cargoes, and imprisoning their
crews; while couriers rode post haste across France to Spain, so that
Philip might extend the embargo to every port within his dominions
before the English had time to depart.
[Sidenote: Prompt retaliation.]
Elizabeth had hoped that her frivolous excuse for seizing the treasure
would be accepted: at least she had no idea that such prompt reprisals
would have been made; but, though the shock was great, she had taken
a step from which, after the reprisals by Spain, she felt she could
not at the time retreat. Forthwith a retaliating edict of the most
stringent character appeared, ordering the immediate imprisonment of
every Spaniard and Netherlander found in England, and the arrest of
every vessel in her ports or in the Channel owned by any of Philip’s
subjects. That very night the mayor and aldermen of the city of London
went round to the houses of all the Spanish merchants, sealed up their
warehouses, and carried them off from their beds to the Fleet prison.
Even without Philip’s treasure the value of the Spanish and Flemish
goods thus detained far exceeded the confiscation of Alva.[136] But the
suppression of trade which these acts created caused great discontent
in London, and there were many persons in England, especially among the
old aristocracy, who felt that Elizabeth’s conduct had been far from
creditable, and was a gross affront to her professed friend and ally,
the king of Spain.
[Sidenote: Injury to English trade less than might have been supposed.]
Public-domain text, read in full here on John Shaqi.
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