pany, in whose womb
was empire, were now destroyed, it would perish with its offspring for
ever. There would be no regeneration at a future day. The Company's ships
too were a navy in themselves, as apt for war as for trade. This the
Spaniards and Portuguese had already learned to their cost. The
merchant-traders to Spain would be always in the power of Spain, and at
any favourable moment might be seized by Spain. The Spanish monopoly in
the East and West was the great source of Spanish power, the chief cause
of the contempt with, which the Spanish monarchy looked down upon other
nations. Let those widely expanded wings be clipped, and Spain would fall
from her dizzy height. To know what the States ought to refuse the enemy,
it was only necessary to observe what he strenuously demanded, to ponder
the avowed reason why he desired peace. The enemy was doing his best to
damage the commonwealth; the States were merely anxious to prevent injury
to themselves and to all the world; to vindicate for themselves, and for
all men, the common use of ocean, land, and sky.

A nation which strove to shut up the seas, and to acquire a monopoly of
the world's trade, was a pirate, an enemy of mankind. She was as
deserving of censure as those who created universal misery in time of
famine, by buying up all the corn in order to enrich themselves.
According to the principles of the ancients, it was legitimate to make
war upon such States as closed their own ports to foreign intercourse.
Still more just was it, therefore, to carry arms against a nation which
closed the ports of other people.

The dispute about the India navigation could be settled in a moment, if
Spain would but keep her word. She had acknowledged the great fact of
independence, which could not be gainsaid. Let each party to the
negotiation, therefore keep that which it already possessed. Let neither
attempt to prescribe to the other--both being free and independent
States--any regulations about interior or foreign trade.

Thus reasoned the States-General, the East India directors, the great
majority of the population of the provinces, upon one great topic of
discussion. A small minority only attempted to defend the policy of
renouncing the India trade as a branch of industry, in which a certain
class, and that only in the maritime provinces, was interested. It is
certainly no slight indication of the liberty of thought, of speech, and
of the press, enjoyed at that epoch i