Rise of the Dutch Republic, the — Volume 24: 1576-77 by John Lothrop Motley
page 46 of 50 (92%)
page 46 of 50 (92%)
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manifestations which preceded his own entrance to Brussels.
While the Governor still tarried at Louvain, his secretary, Escovedo, was busily engaged in arranging the departure of the Spaniards, for, notwithstanding his original reluctance and the suspicions of Orange, Don John loyally intended to keep his promise. He even advanced twenty-seven thousand florins towards the expense of their removal, but to raise the whole amount required for transportation and arrears, was a difficult matter. The estates were slow in providing the one hundred and fifty thousand florins which they had stipulated to furnish. The King's credit, moreover, was at a very low, ebb. His previous bonds had not been duly honored, and there had even been instances of royal repudiation, which by no means lightened the task of the financier, in effecting the new loans required. Escovedo was very blunt in his language upon this topic, and both Don John and himself urged punctuality in all future payments. They entreated that the bills drawn in Philip's name upon Lombardy bankers, and discounted at a heavy rate of interest, by the Fuggers of Antwerp, might be duly provided for at maturity. "I earnestly beg," said Escovedo, "that your Majesty will see to the payment of these bills, at all events;" adding, with amusing simplicity, "this will be a means of recovering your Majesty's credit, and as for my own; I don't care to lose it, small though it be." Don John was even more solicitous. "For the love of God, Sire," he wrote, "do not be delinquent now. You must reflect upon the necessity of recovering your credit. If this receives now the final blow, all will desert your Majesty, and the soldiers too will be driven to desperation." By dint of great diligence on the part of Escovedo, and through the confidence reposed in his character, the necessary funds were raised in the course of a few weeks. There was, however, a difficulty among the |
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