The conversion of this important naval position into a Spanish-Flemish station was almost as disastrous to the republic as it was mortifying to France and dangerous to England. The neighbouring Dunkirk had long been a nest of pirates, whence small, fast-sailing vessels issued, daily and nightly, to prey indiscriminately upon the commerce of all nations. These corsairs neither gave nor took quarter, and were in the habit, after they had plundered their prizes, of setting them adrift, with the sailors nailed to the deck or chained to the rigging; while the dfficers were held for ransom. In case the vessels themselves were wanted, the crews were indiscriminately tossed overboard; while, on the ether hand, the buccaneers rarely hesitated to blow up their own ships, when unable to escape from superior force. Capture was followed by speedy execution, and it was but recently that one of these freebooters having been brought into Rotterdam, the whole crew, forty-four in number, were hanged on the day of their arrival, while some five and twenty merchant-captains held for ransom by the pirates thus obtained their liberty. And now Calais was likely to become a second and more dangerous sea- robbers' cave than even Dunkirk had been. Notwithstanding this unlucky beginning of the campaign for the three allies, it was determined to proceed with a considerable undertaking which had been arranged between England and the republic. For the time, therefore, the importunate demands of the queen for repayments by the States of her disbursements during the past ten years were suspended. It had, indeed, never been more difficult than at that moment for the republic to furnish extraordinary sums of money. The year 1595 had not been prosperous. Although the general advance in commerce, manufactures, and in every department of national development had been very remark able, yet there had recently been, for exceptional causes, an apparent falling off; while, on the other hand, there had been a bad harvest in the north of Europe. In Holland, where no grain was grown, and which yet was the granary of the world, the prices were trebled. One hundred and eight bushels (a last) of rye, which ordinarily was worth fifty florins, now sold for one hundred and fifty florins, and other objects of consumption were equally enhanced in value. On the other hand, the expenses of the war were steadily increasing, and were fixed for this year at five millions of florins. The republic, and especially the States of Holland, never hesitated to tax heroically. The commonwealth had no income except that which the several provinces chose to impose upon themselves in order to fill the quota assigned to them by the States-General; but this defect in their political organization was not sensibly felt so long as the enthusiasm for the war continued in full force. The people of the Netherlands knew full well that there was no