Easier Trade in the Early 1600’s
Tuesday, October 21st, 2008
Apart from the immediate material losses to Spain in wine, stores and ships, chaos was created in the Spanish naval and mercantile administration. While Drake was off the coast, not a single ship could be moved without risk of capture. In 1570, moreover, Pope Pius V outlawed Elizabeth by declaring her excommunicate and her subjects to be released from their allegiance. On the execution of Mary Queen of Scots in 1587, ...Easier Trade in the Early 1600's