path, nor to flinch from his work. It was beyond the power of man's
ingenuity to add any fresh features of horror to the religious
persecution under which the provinces were groaning, but a new attack
could be made upon the poor remains of their wealth.

The Duke had been dissatisfied with the results of his financial
arrangements. The confiscation of banished and murdered heretics had not
proved the inexhaustible mine he had boasted. The stream of gold which
was to flow perennially into the Spanish coffers, soon ceased to flow at
all. This was inevitable. Confiscations must, of necessity, offer but
a precarious supply to any treasury. It was only the frenzy of an Alva
which could imagine it possible to derive a permanent revenue from such a
source. It was, however, not to be expected that this man, whose tyranny
amounted to insanity, could comprehend the intimate connection between
the interests of a people and those of its rulers, and he was determined
to exhibit; by still more fierce and ludicrous experiments, how easily a
great soldier may become a very paltry financier.

He had already informed his royal master that, after a very short time,
remittances would no longer be necessary from Spain to support the
expenses of the array and government in the Netherlands. He promised,
on the contrary, that at least two millions yearly should be furnished by
the provinces, over and above the cost of their administration, to enrich
the treasury at home. Another Peru had already been discovered by his
ingenuity, and one which was not dependent for its golden fertility on
the continuance of that heresy which it was his mission to extirpate.
His boast had been much ridiculed in Madrid, where he had more enemies
than friends, and he was consequently the more eager to convert it into
reality. Nettled by the laughter with which all his schemes of political
economy had been received at home, he was determined to show that his