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 TEMPORARY PEACE 45 wont." Philip's ill-fated Armada of 1588 had given a death-blow to the sea power of Portugal as to that of Spain. The accession of our James I in 1603 seemed to promise her a respite. Lerma, the all-powerful Spanish minister, saw no reason, with the exception of the Eng- lish claim to trade in the East Indies, for continuing the war. A large exception, yet within the range of diplomacy. The war-party in England, with Sir Walter Raleigh as their spokesman, fell into discredit; the squadron fitted out against Spanish trade in the last year of Elizabeth was stopped; and King James, in June, 1603, issued a proclamation declaring that all prizes taken from Spain or Portugal after April 24th must be restored. The treaty of peace, signed in 1604, was followed by a further proclamation in 1605 against attacks on Spanish or Portuguese vessels. The pacific spirit reached even to the Indies, and in 1605 the Por- tuguese captain-general gave the Governor of Manila a warrant to trade with the English. Then the pendulum swung back. In 1607 Spain informed our ambassador that she could never be friendly with those who traded to the Indies. In 1608 she proposed to occupy the Cape of Good Hope and there to intercept all ships proceeding to the East. In 1609 the truce of Antwerp gave Spain a freer hand with the English, and the wrangle in 1610 - 1611 of the two governments over the Persian ambassador in Europe flamed out in broadsides on the Indian coast. However King James might hanker after marriages