ight
well exchange for a defeat. At any rate, it was certain that the Spanish
empire was not strong enough to sustain many more such victories. If it
had required thirty thousand choice troops, among which were three
regiments called by Alva respectively, the "Invincibles," the
"Immortals," and the "None-such," to conquer the weakest city of Holland
in seven months, and with the loss of twelve thousand men; how many men,
how long a time, and how many deaths would it require to reduce the rest
of that little province? For, as the sack of Naarden had produced the
contrary effect from the one intended, inflaming rather than subduing the
spirit of Dutch resistance, so the long and glorious defence of Harlem,
notwithstanding its tragical termination, had only served to strain to
the highest pitch the hatred and patriotism of the other cities in the
province. Even the treasures of the New World were inadequate to pay for
the conquest of that little sand-bank. Within five years, twenty-five
millions of florins had been sent from Spain for war expenses in the
Netherlands.--Yet, this amount, with the addition of large sums annually
derived from confiscations, of five millions, at which the proceeds of
the hundredth penny was estimated, and the two millions yearly, for which
the tenth and twentieth pence had been compounded, was insufficient to
save the treasury from beggary and the unpaid troops from mutiny.

Nevertheless, for the moment the joy created was intense. Philip was
lying dangerously ill at the wood of Segovia, when the happy tidings of
the reduction of Harlem, with its accompanying butchery, arrived. The
account of all this misery, minutely detailed to him by Alva, acted like
magic. The blood of twenty-three hundred of his fellow-creatures--coldly
murdered, by his orders, in a single city--proved for the sanguinary
monarch the elixir of life: he drank and was refreshed. "The principal
medicine which has cured his Majesty," wrote Secretary Cayas from Madrid
to Alva, "is the joy caused to him by the good news which you have
communicated of the surrender of Harlem." In the height of his
exultation, the King forgot how much dissatisfaction he had recently felt
with the progress of events in the Netherlands; how much treasure had
been annually expended with an insufficient result. "Knowing your
necessity," continued Cayas, "his Majesty instantly sent for Doctor
Velasco, and ordered him to provide you with funds, if he had