Page 33 - Early English Adventurers in the Middle East_Neat
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THE DAWN OF THE EMPIRE                   33

          dramatically than Drake and Cavendish’s voyages had
          done, with far greater effect. The best markets were indi­
          cated, the profits to be made there were set forth with the
          precision of an expert, and, above all, the truth was em­
          phasized that to the bold and strong there were great
          possibilities in the regions in which the Portuguese and
          the Spaniards and, as regards Persia and the nearer East,
          the Venetians had previously exercised a practical mono-
          poly.
            Lancaster’s unfortunate voyage, which followed almost
          immediately upon Fitch’s return, rather damped the ardour
          of the mercantile classes for Eastern adventures, more
          especially as an expedition sent out to China in 1596,
          under the command of Captain Benjamin Wood, also ended
          in disaster; but the setback was only temporary.
            As time went by, interest was re-kindled by evidence
          which came to hand, notably from the English ambassador
          at the Spanish Court, of the splendid field which was ready
          for the occupation of English merchants in the countries
          of the Orient. A decisive turn was given to the arguments
          in favour of a further effort to tap the Eastern markets
          when the news reached England in 1597 of the remarkable
          success of the voyage made to the East by a fleet of Dutch
          ships under the command of Cornelius Houtman. This
          expedition, which laid the foundation of Dutch power in
          the Eastern Archipelago, carried a warning for England
          which was not to be disregarded. On all hands it was
          recognized that the time had come for English merchants
          to secure a share of the Eastern trade if they were not to
          be altogether supplanted by their energetic Dutch rivals.
          The closing years of the sixteenth century were a period
          of energetic preparation and eager anticipation in London
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