But Alexander had not yet arrived in England. The preliminaries for the conquest caused him more perplexity than the whole enterprise occasioned to Philip. He was very short of funds. The five millions were not to be touched, except for the expenses of the invasion. But as England was to be subjugated, in order that rebellious Holland might be recovered, it was hardly reasonable to go away leaving such inadequate forces in the Netherlands as to ensure not only independence to the new republic, but to hold out temptation for revolt to the obedient Provinces. Yet this was the dilemma in which the Duke was placed. So much money had been set aside for the grand project that there was scarcely anything for the regular military business. The customary supplies had not been sent. Parma had leave to draw for six hundred thousand ducats, and he was able to get that draft discounted on the Antwerp Exchange by consenting to receive five hundred thousand, or sacrificing sixteen per cent. of the sum. A good number of transports, and scows had been collected, but there had been a deficiency of money for their proper equipment, as the five millions had been very slow in coming, and were still upon the road. The whole enterprise was on the point of being sacrificed, according to Farnese, for want of funds. The time for doing the deed had arrived, and he declared himself incapacitated by poverty. He expressed his disgust and resentment in language more energetic than courtly; and protested that he was not to blame. "I always thought," said he bitterly, "that your Majesty would provide all that was necessary even in superfluity, and not limit me beneath the ordinary. I did not suppose, when it was most important to have ready money, that I should be kept short, and not allowed to draw certain sums by anticipation, which I should have done had you not forbidden." This was, through life, a striking characteristic of Philip. Enormous schemes were laid out with utterly inadequate provision for their accomplishment, and a confident expectation entertained that wild, visions were; in some indefinite way, to be converted into substantial realities, without fatigue or personal exertion on his part, and with a very trifling outlay of ready money.