Page 29 - Early English Adventurers in the Middle East_Neat
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THE DAWN OF THE EMPIRE                   29

          West Indies , with the despoiled cargo of the captured
          Portuguese galleon there was nothing to show for the con­
          siderable outlay on the venture. The only substantial
          asset was a fund of experience of Eastern navigation,
          which, however valuable from the larger standpoint of
          national commercial development was of small account
           in the calculations of merchants seeking a profitable new
           field for the utilization of their capital. Still, the spirit of
           enterprise in England at that period was such that men
           were found ready to employ Lancaster afresh in a specula­
           tive undertaking overseas. Only five months after he
           had returned from the Eastern voyage we find him once
           more on his native element, the commander of a new fleet
           of three vessels equipped for a perilous foray on the Por­
           tuguese possessions in South America. The aggregate
           tonnage of this little squadron did not reach 500, yet such
           was the spirit of the man and his fine contempt for the
           Portuguese that lie made directly for the Brazilian port
           of Pernambuco, which was then one of the chief centres of
           Portuguese trade in the West and as such heavily fortified.
           By a display of cool daring and resourcefulness which was
           proof .alike against the feeble defensive measures and the
           crooked diplomacy of the local Portuguese authorities
           he compelled the submission of Ptecife, the port of Pernam­
           buco, extracted a heavy ransom in the shape of treasure
           and goods, and with heavily laden ships made for home,
           arriving at Blackwall in July, 1595. It was a purely
           piratical expedition which cannot be justified on any
           modern principle, but the Elizabethan age was not a
           fastidious one in these matters. In the then near past
           the country had suffered grievous wrongs at the hands of
           both Portugal and Spain. For long years the nation
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