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 between Mozambique and China, was too great a servant for the least of European kings. Emmanuel was suspicious. He recalled the victorious Almeida, who perished on the way home; and Albuquerque was in disgrace, when he died on his quarter-deck, in sight of the Christian city which he had made the capital of the East.

The secret of Portuguese prosperity was the small bulk and the enormous market value of the particular products in which they dealt. In those days men had to do without tea, or coffee, or chocolate, or tobacco, or quinine, or coca, or vanilla, and sugar was very rare. But there were the pepper and the ginger of Malabar, cardamoms in the damp district of Tellicherry; cinnamon and pearls in Ceylon. Beyond the Bay of Bengal, near the equator, there was opium, the only conqueror of pain then known; there were frankincense and indigo; camphor in Borneo; nutmeg and mace in Amboyna; and in two small islands, only a few miles square, Ternate and Tidor, there was the clove tree, surpassing all plants in value. These were the real spice islands, the enchanted region which was the object of such passionate desire; and their produce was so cheap on the spot, so dear in the markets of Antwerp and London, as to constitute the most lucrative trade in the world. From these exotics, grown on volcanic soil, in the most generous of the tropical climates, the profit was such that they could be paid for in precious metals. When Drake was at Ternate in 1579, he found the Sultan hung with chains of bullion, and clad in a robe of gold brocade rich enough to stand upright. The Moluccas were of greater benefit to the Crown than to the Portuguese workman. About twenty ships, of 100 to 550 tons, sailed for Lisbon in the year. A voyage sometimes lasted two years, out and home, and cost, including the ship, over £4000. But the freight might amount to £150,000. Between 1497 and 1612 the number of vessels engaged in the India trade was 806. Of these, ninety-six were lost. After the annexation by Philip II., Lisbon was closed to countries at war with Spain. Dutch and English had to make their own bargains in the East, and