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malities were minutely observed. The unloaded goods were shut up in a storehouse, and the doors sealed. But there was always found another door unsealed, and by this they abstracted the goods during the night, and substituted coin or bars of gold and silver. When the vessel was repaired to the captain's satisfaction, it was reloaded and sailed away. There was also, especially on the shores of the Caribbean Sea, a less elaborate commerce called "sloop-trade," for it was usually managed by sloops which hovered near some secluded spot on the coast, often at the mouth of a river, and informed the inhabitants of their presence in the neighbourhood by firing a shot from a cannon. Sometimes a large ship filled with merchandise was stationed in a bay close at hand, and by means of these smaller craft made its trade with the colonists. The latter, generally in disguise, came off in canoes by night. The interlopers, however, were always on guard against such dangerous visitors, and never admitted more than a few at a time; for when the Spaniards found themselves stronger than the crew, and a favourable opportunity presented itself, they rarely failed to attempt the vessel. 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
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