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e Armada was not confined to England and Holland. All Northern Europe joined in it. Philip's ambition, in the event of victory over England, might have led him to attempt the subjection of every Protestant state in Europe, while Catholic France, which he afterwards attempted to conquer, had the greatest reason to dread his success. Thus ended the most threatening enterprise in the religious wars of the sixteenth century, and to Lord Howard and his gallant captains England and Europe owe the deepest debt of gratitude, for the success of the Armada and the conquest of England by Spain might have proved a calamity whose effects would have been felt to the present day. THE CAUSES OF SPAIN'S DECADENCE. The golden age of Spain began in 1492, in which year the conquest of Granada extinguished the Arab dominion, and the discovery of America by Columbus opened a new world to the enterprise of the Spanish cavaliers. It continued during the reigns of Charles I. and Philip II., extending over a period of about a century, during which Spain was the leading power in Europe, and occupied the foremost position in the civilized world. In Europe its possessions included the Netherlands and important regions in Italy, while its king, Charles I., ruled as Charles V. over the German empire, possessing a dominion in Europe only surpassed by that of Charlemagne. Under Philip II. Portugal became a part of the Spanish realm, and with it its colony of Brazil, so that Spain was the unquestioned owner of the whole continent of South America, while much of North America lay under its flag. Wealth flowed into the coffers of this broad kingdom in steady streams, the riches of America over-flowing its treasury; its fleet was the greatest, its army the best trained and most irresistible in Europe; it stood as the bulwark against that mighty Ottoman power before which the other nations trembled, and checked its career of victory at Lepanto; in short, as above said, it was for a brief period the leading power in Europe, and appeared to have in it the promise of a glorious career. Such was the status of Spain during the reigns of the monarchs named. This was followed by a long period of decline, which reduced that kingdom from its position of supremacy into that of one of the minor powers of Europe. Various causes contributed to this change, the chief being the accession of a series of weak monarchs and the false ideas of the principles
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