“If thy heart fail thee, then climb not at all.”

Raleigh did not go to Ireland to take over from his lieutenant command of the company of infantry of which he was the nominal commander, but had a confidential place by the queen’s side, and was her counsellor in divers weighty matters.

In 1583, Raleigh came into possession, through the queen’s favour, of the estates of Stolney and Newland, formerly possessions of All Souls’ College, Oxford. He was also favoured with letters patent for the “Farm of Wines,” afterwards one of the principal sources of his wealth. Under this grant each vintner throughout the kingdom had to pay twenty shillings a year for a licence to sell wines. The grant also included a share to Raleigh of fines accruing to the Crown, under previously existing wine statutes. From his wine trade emoluments Raleigh realised at one period about £2000 a year, equivalent to about £12,000 of our money. From certain causes the amount of his receipts from this source declined, and he afterwards resigned his patent to James I. for £1000 per annum.

Meantime, Raleigh’s half-brother, Sir Humphrey Gilbert, had been making, at great cost, persevering attempts to establish a colony or colonies in North America, but unfortunately without success. Gilbert had obtained a charter for his colonisation project extending for six years from 1578. After repeated failures of his enterprises, particularly in 1579, he gave up, for a time at least, their further prosecution, and lent three of his ships to the Government for service on the coast of Ireland.

“RALEIGH WHIPT OFF HIS CLOAK OF SILK PLUSH, AND SPREAD IT OUT TO PROTECT THE QUEEN’S FEET FROM THE MUD.”

Raleigh had always befriended his courageous relative, Sir Humphrey Gilbert, and now used all his court influence in his favour. His charter was about to expire. The queen was much importuned to renew it, and reluctantly did so, but refusing permission to her favourite, Raleigh, to take part personally in the enterprise. He expended, however, a large sum in aid of the fresh expedition to North America, which Sir Humphrey was resolved to undertake. One of the five ships that constituted the fleet—the Ark Raleigh—was built and fitted out entirely by Sir Walter, at a cost of £2000. The expedition sailed June 11th, 1583, and met with a series of disasters, including the death of its resolute and gallant commander. In this expedition Newfoundland was touched at, and taken possession of by Gilbert in the queen’s name.

Undismayed by Humphrey Gilbert’s repeated and disastrous failures, Raleigh continued to believe in the ultimate success of these American colonisation schemes, and he induced the queen to renew the charter, to which the parties were Raleigh himself, as chief; Adrian Gilbert, a younger brother of Sir Humphrey; and John Davis, a courageous and experienced navigator. These three were incorporated as representing “The College of the Fellowship for the Discovery of the North-West Passage.” Realisation of the queen’s dream, and desire after a shorter route via the north-west to China, was the professed object of the adventurers, but Raleigh was careful to secure subsidiary material advantages, and the charter gave full powers to the adventurers to inhabit or retain, build or fortify, at Raleigh’s discretion, any remote lands that he might find hitherto unoccupied by any Christian power.

Raleigh was financier and managing director, but not the personal conductor of the next American expedition. In April 1584 a small fleet sailed for the West, under the command of Captains Amadas and Barlow. In May they passed the Canaries; in June they fell in with the Bahama Islands. While still far out at sea, delicate odours, sweet as those of “Araby the blest,” were wafted to them from Florida, at which they touched; thereafter sailing northwards, they landed at, and, in name of the queen, annexed the islands then called Roanoke and Wokoken, with the mainland adjacent. In honour of Queen Elizabeth, the newly-annexed country was named Virginia. An ancient writer pronounces the name appropriate, from the country having been discovered in the reign of the Virgin Queen, and also because the country seemed “to retain the virgin purity and plenty of the first creation, and the people their primitive innocence.” Early in 1585 Raleigh sent out a second expedition to Virginia under Sir Richard Grenville; others were afterwards sent, and, under Ralph Lane, settled for a time on Roanoke, but failed to succeed as settlers, or to justify the sanguine expectations of Raleigh, who was by this time very rich, and could well afford to carry out his costly colonisation hobby. He was also befriended by a success that befell his lieutenant, Sir Richard Grenville, who, in returning to England, fell in with a treasure-laden Spanish ship of an estimated value of £50,000, which he captured and brought safely into Plymouth.

In addition to his other rich privileges and possessions, the queen granted to Raleigh a liberty to export broadcloth. This fresh mark of royal favour was disapproved by Lord Burghley, who estimated the increase to Raleigh’s income from the woollen broadcloth trade at the equivalent of £18,000 of our present money. It is to be said for Sir Walter that his enormous wealth was not wasted in vice and debauchery, although personal ambition had probably a good deal to do in directing his expenditure. He probably aspired to the creation of a state in the West, with himself as its chief, that for riches, dignity, and power, would excel the possessions of Spain. His were not the views or aims of the mere grubber after lucre for its own sake, or for his own personal aggrandisement. He was not indifferent to any promise the newly-found region might give of pearls or precious metals, but was equally solicitous concerning its useful mineral, vegetable, and animal products, and he appointed Mr. Thomas Hariot, an able scientific and practical man, commissioner to collect trustworthy information.