The industry of the nation had, in the beginning of this century, reached its greatest height. The culture of grain, flax, the breeding of cattle, the chase, and fisheries, enriched the peasant; arts, manufactures, and trade gave wealth to the burghers. Flemish and Brabantine manufactures were long to be seen in Arabia, Persia, and India. Their ships covered the ocean, and in the Black Sea contended with the Genoese for supremacy. It was the distinctive characteristic of the seaman of the Netherlands that he made sail at all seasons of the year, and never laid up for the winter. When the new route by the Cape of Good Hope was discovered, and the East India trade of Portugal undermined that of the Levant, the Netherlands did not feel the blow which was inflicted on the Italian republics. The Portuguese established their mart in Brabant, and the spices of Calicut were displayed for sale in the markets of Antwerp. Hither poured the West Indian merchandise, with which the indolent pride of Spain repaid the industry of the Netherlands. The East Indian market attracted the most celebrated commercial houses from Florence, Lucca, and Genoa; and the Fuggers and Welsers from Augsburg. Here the Hanse towns brought the wares of the north, and here the English company had a factory. Here art and nature seemed to expose to view all their riches; it was a splendid exhibition of the works of the Creator and of the creature. Their renown soon diffused itself through the world. Even a company of Turkish merchants, towards the end of this century, solicited permission to settle here, and to supply the products of the East by way of Greece. With the trade in goods they held also the exchange of money. Their bills passed current in the farthest parts of the globe. Antwerp, it is asserted, then transacted more extensive and more important business in a single month than Venice, at its most flourishing period, in two whole years.