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 96 seizure of Egypt in 1521 by the Turks under Selim I., which would naturally derange the course of trade from its old route through Alexandria. From the Moluccas easy access was found to China, and ultimately to Japan, so that the Portuguese for a time held in their hands the whole of the Eastern trade, on which Europe depended for most of its luxuries.

As we shall see, the Portuguese only won by a neck—if we may use a sporting expression—in the race for the possession of the Spice Islands. In the very year they obtained possession of them, Magellan, on his way round the world, had reached the Philippines, within a few hundred miles of them, and his ship, the Victoria actually sailed through them that year. In fact, 1521 is a critical year in the discovery of the world, for both the Spanish and Portuguese (the two nations who had attempted to reach the Indies eastward and westward) arrived at the goal of their desires, the Spice Islands, in that same year, while the closure of Egypt to commerce occurred opportunely to divert the trade into the hands of the Portuguese. Finally, the year 1521 was signalised by the death of King Emmanuel of Portugal, under whose auspices the work of Prince Henry the Navigator was completed.

It must here be observed that we are again anticipating matters. As soon as the discovery of the New World was announced, the Pope was appealed to, to determine the relative shares of Spain and Portugal in the discoveries which would clearly follow upon Columbus's voyage. By his Bull, dated 4th May, 1493, Alexander VI. granted all discoveries to the west to Spain, leaving it to be understood that all to the east belonged