Meanwhile, however, that no time might be lost while fighting for the mines themselves, Cromwell sent Blake to intercept the treasure ships off the coast of Spain. At first Blake also had ill-luck. In 1655 the plate fleet escaped him, but the next year, though forced himself to go to port for supplies, he detached Captain Stayner, with six sail, to cruise off Cadiz, and on September 19, General Montague was able to report that his “hart [was] very much warmed with the apprehension of the singular providence of God,” who had permitted Stayner to meet, “with the Kinge of Spain’s West India fleete,” and take among other prizes “a gallion reported to have in her two million pieces of plate.”[325] If the “plate” were Mexican “pieces of eight” at four shillings and sixpence, the cargo was worth £450,000, or considerably more than the whole annual export to the East at the beginning of the eighteenth century. Had the Protector lived, there can be little doubt that, by some such means as this, he would have fostered British resources, and maintained the integrity of British coin; but in less than two years from the date of Montague’s dispatch, Cromwell was dead, and the inertia of the Tory landlords paralyzed the nation for another generation. No foreigner was robbed, and the stock of domestic silver dwindled from year to year, until at the Revolution the golden guinea, which, from its first issue in 1662 down to the accession of William and Mary, had been nominally current for twenty shillings, actually sold in the market for thirty shillings of the money in use. “This diminishing and counterfeiting the money was at this time so excessive, that what was good silver was worth scarcely one-half of its current value, whilst a great part of the coins was only iron, brass, or copper plated, and some no more than washed over.”[326] One of the first acts of the new government was a complete recoinage, which was finished in 1699; but the measure failed of its purpose, for the reason that the exports of silver regularly exceeded the imports.