The Court of Philip IV.: Spain in DecadenceHume, Martin A. S. (Martin Andrew Sharp)
Philosophy
The Court of Philip IV.: Spain in Decadence
Hume, Martin A. S. (Martin Andrew Sharp)
Philip IV, King of Spain, 1605-1665; Spain -- Court and courtiers; Spain -- History -- Philip IV, 1621-1665
Money, and ever more money, was Olivares' constant cry. "His time is
principally taken up," says Hopton, "in arranging loans." The price of
salt had been raised to 35 or 40 reals 1½ bushel for inland consumption
or export, an enormous increase "which will bring an exorbitant revenue
{245} if they can enforce it in all the kingdoms. They are also
decreeing a tax on all royal grants, titles, and appointments, which
will also bring a vast revenue." Writing to Lord Dorchester in August
1631, Hopton mentions the excessive price of all commodities in Madrid.
"I can assure your Lordship that only in regard of the value of brass
money, wherein all the trade of this country is done, what was last
year at 30 per cent. and upwards is not now worth 10 per cent., the
charge of living here since last year is one in five increased."[31]
[Sidenote: Spain's responsibilities]
Dire news too came from Central Europe, which foreshadowed the need of
yet greater sacrifices for Spain. The meteoric Swede, Gustavus
Adolphus, had entered the field on the side of France (January 1631),
and was sweeping all before him. One imperial city after the other
opened its gates to him, and some of the Emperor's feudatories who had
been considered the most loyal rallied to the victorious enemy. The
empire was altogether inadequate to face the strong new combination
against it, and could only, as usual, appeal to Spain for resources.
Looking back at the position with our present lights, it is impossible
to understand the besotted folly that led Philip and his minister to
assume the main burden of a war such as this. They had nothing
material to gain by it. The religion, and even the territorial
disputes, of the German princes were of no real importance to Spain,
and a nation in the terrible financial and industrial condition of the
latter was not justified in further consummating its ruin for the sake
of an already outworn sentiment.
{246}
[Sidenote: Fresh embarrassments]
Public-domain text, read in full here on John Shaqi.
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