Book-bot.com - read famous books online for free

Rise of the Dutch Republic, the — Volume 24: 1576-77 by John Lothrop Motley
page 46 of 50 (92%)
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
DigitalOcean Referral Badge