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Rh But under Elizabeth, with the country at peace and Mary Stuart in prison, the sailors could leave their harbour without fear for the fate of those whom they left behind. While Elizabeth was still a child, Willoughby had ventured to sail past the North Cape and one of his captains, Richard Chancellor, pushing further eastward in his quest of a possible road to the Indies, had reached Archangel, Russia, where he had established diplomatic and commercial relations with the mysterious rulers of this distant Muscovite Empire. During the first years of

THE ELIZABETHAN STAGE

Elizabeth's rule this voyage had been followed up by many others. Merchant adventurers, working for the benefit of a "joint stock Company" had laid the foundations of trading companies which in later centuries were to become colonies. Half pirate, half diplomat, willing to stake everything on a single lucky voyage, smugglers of everything that could be loaded into the hold of a vessel, dealers in men and merchandise with equal indifference to everything except their profit, the sailors of Elizabeth had carried the English flag and the fame