Olivares was beset on all sides. Detested by the nobles, with nearly
all of whom he was at feud;[16] feared and dreaded by the commercial
community, whom he had ruined; overworked, and at his wits' end to face
the vast present and prospective drains upon the national resources,
striving not only to do all the work of State himself and to direct
everything, but also to keep the King in a good humour by providing an
endless series of amusements for him, the Count-Duke was "so spent with
the burden of business that lies upon him," as Hopton wrote, "as to
deserve pity, if he would only pity himself." There was no class of
people now that did not feel the crushing weight of the war
expenditure, even before the great war with France had begun. In June
1634, Hopton reports that "a new tax had been imposed of one-eighth of
the value of all wine sold in Madrid, with no exception allowed, and
one twenty-fourth of all that is sold in the Castilian realms. All the
shops that sell wine are shut, so that all stock may be registered and
an account be rendered of sales. They think thus to charge the
retailer under great penalties. {280} It is like to be a great
trouble, and the greater part of the benefit will be consumed in
officers and false accounts." "I doe much doubte," he continues, "that
by degrees those impositions will first be laid upon all things of home
fabric and growth, and afterwards upon those things imported from
abroad; and your Honour (Coke) may guess to what immoderation the
revenues of this crown will grow by this means."[17]
The good, simple ambassador made no allowance for the self-stultifying
operation of oppressive taxation, and if he had reviewed the state of
affairs a few years later, he would have seen, as we shall in the
course of this book, that, so far from benefiting Philip's treasury,
these blighting impositions on the exchange of commodities ended in a
decrease of the revenue. But whilst the citizens were groaning under
impossible burdens, and the curses of a whole nation were following the
careworn Count-Duke, the King, as much afflicted with the troubles of
his people as anyone, but looking upon them as a visitation of
providence, must needs seek in pleasure distraction from his vicarious
sorrow which the oppressed citizens themselves could not escape.