Thus the Spaniards of the seventeenth century, by persisting, both at home and in their colonies, in an economic policy which was fatally inconsistent with their powers and resources, saw their commerce gradually extinguished by the ships of the foreign interloper, and their tropical possessions fall a prey to marauding bands of half-piratical buccaneers. Although struggling under tremendous initial disabilities in Europe, they had attempted, upon the slender pleas of prior discovery and papal investiture, to reserve half the world to themselves. Without a marine, without maritime traditions, they sought to hold a colonial empire greater than any the world had yet seen, and comparable only with the empire of Great Britain three centuries later. By discouraging industry in Spain, and yet enforcing in the colonies an absolute commercial dependence on the home-country, by combining in their rule of distant America a solicitous paternalism with a restriction of initiative altogether disastrous in its consequences, the Spaniards succeeded in reducing their colonies to political impotence. And when, to make their grip the more firm, they evolved, as a method of outwitting the foreigner of his spoils, the system of great fleets and single ports of call, they found the very means they had contrived for their own safety to be the instrument of commercial disaster. II.--THE FREEBOOTERS OF THE SIXTEENTH CENTURY It was the French chronologist, Scaliger, who in the sixteenth century asserted, "nulli melius piraticam exercent quam Angli"; and although he had no need to cross the Channel to find men proficient in this primitive calling, the remark applies to the England of his time with a force which we to-day scarcely realise. Certainly the inveterate hostility with which the Englishman learned to regard the Spaniard in the latter half of the sixteenth and throughout the seventeenth centuries found its most remarkable expression in the exploits of the Elizabethan "sea-dogs" and of the buccaneers of a later period. The religious differences and political jealousies which grew out of the turmoil of the Reformation, and the moral anarchy incident to the dissolution of ancient religious institutions, were the motive causes for an outburst of piratical activity comparable only with the professional piracy of the Barbary States.