Henry III., with whom the Valois dynasty was about to expire, was far from being the incompetent driveller depicted by most historians. He had good abilities, plenty of natural courage when roused, and a thorough comprehension of the politics of his day. His aims and plans were well conceived. But with no child to care for, and immersed in degrading self-indulgence, he wearied of the exertions and sacrifices necessary for carrying them through. Short spells of sensible and energetic action were succeeded by periods of unworthy lassitude and pusillanimous surrender. Before he came to the throne he had been the chief organiser of the Bartholomew Massacre. As King he naturally inclined, like Elizabeth, William of Orange, and Henry of Navarre, to make considerations of religion subordinate to considerations of State. Both he and Navarre would have been glad to throw over the fanatical or factious partisans by whom they were surrounded, and rally the Politiques to their support. But it was a step that neither as yet ventured openly to take. The one was obliged to affect zeal for the old religion, the other for the new.

Elizabeth’s ministers, with short-sighted animosity, had been urging her throughout her reign to give vigorous support to the Huguenots. She herself took a broader view of the situation. She preferred to deal with the legitimate government of France recognised by the vast majority of Frenchmen. Henry III., as she well knew, did not intend or desire to exterminate the Huguenots. If that turbulent faction had been openly abetted in its arrogant claims by English assistance, he would have been obliged to become the mere instrument of Elizabeth’s worst enemies, Guise and the Holy League. France would have ceased to be any counterpoise to Spain. The English Queen had so skilfully played a most difficult and delicate game that Henry of Navarre had been able to keep his head above water; Guise had upon the whole been held in check; the royal authority, though impaired, had still controlled the foreign policy of France, and so, since 1572, had given England a firm and useful ally. As long as this balanced situation could be maintained, England was safe.

But the time was now at hand when this nice equilibrium of forces would be disturbed by events which neither Elizabeth nor any one else could help. Alençon, the last of the Valois line, was dying. When he should be gone, the next heir to the French King would be no other than the Huguenot Henry of Bourbon, King of the tiny morsel of Navarre that lay north of the Pyrenees. Henry III. wished to recognise his right. But it was impossible that Guise or Philip, or the French nation itself, should tolerate this prospect. Thus the great war of religion which Elizabeth had so carefully abstained from stirring up was now inevitable. The French alliance, the key-stone of her policy, was about to crumble away with the authority of the French King which she had buttressed up. He would be compelled either to become the mere instrument of the Papal party or to combine openly with the Huguenot leader. In either case, Guise, not Henry III., would be the virtual sovereign, and Elizabeth’s alliance would not be with France but with a French faction. She would thus be forced into the position which she had hitherto refused to accept—that of sole protector of French and Dutch Protestants, and open antagonist of Spain. The more showy part she was now to play has been the chief foundation of her glory with posterity. It is a glory which she deserves. The most industrious disparagement will never rob her of it. But the sober student will be of opinion that her reputation as a statesman has a more solid basis in the skill and firmness with which during so many years she staved off the necessity for decisive action.

Although the discovery of the Throgmorton plot (Nov. 1583), and the consequent expulsion of the Spanish ambassador, Mendoza, were not immediately followed by open war between England and Spain, yet the course of events thenceforward tended directly to that issue. Elizabeth immediately proposed to the Dutch States to form a naval alliance against Spain, and to concert other measures for mutual defence. Orange met the offer with alacrity, and pressed Elizabeth to accept the sovereignty of Holland, Zealand, and Utrecht. Perhaps there was no former ruler of England who would not have clutched at such an opportunity of territorial aggrandisement. For Elizabeth it had no charms. Every sensible person now will applaud the sobriety of her aims. But though she eschewed territory, she desired to have military occupation of one or more coast fortresses, at all events for a time, both as a security for the fidelity of the Dutch to any engagements they might make with her, and to enable her to treat on more equal terms with France or Spain, if the Netherlands were destined, after all, to fall into the hands of one of those powers.

While these negotiations were in progress, William of Orange was murdered (June 30/July 10, 1584). Alençon had died a month earlier. The sovereignty of the revolted Netherlands was thus vacant. Elizabeth advised a joint protectorate by France and England. But the Dutch had small confidence in protectorates, especially of the joint kind. What they wanted was a sovereign, and as Elizabeth would not accept them as her subjects they offered themselves to Henry III. But after nibbling at the offer for eight months Henry was obliged to refuse it. His openly expressed intention to recognise the King of Navarre as his heir had caused a revival of the Holy League. During the winter 1584-5 its reorganisation was busily going on. Philip promised to subsidise it. Mendoza, now ambassador at Paris, was its life and soul. The insurrection was on the point of breaking out. Henry III. knew that the vast majority of Frenchmen were Catholics. To accept the Dutch offer would, he feared, drive them all into the ranks of the Holy League. He therefore dismissed the Dutch envoys with the recommendation that they should apply to England for protection (February 28/March 10, 1585).

The manifesto of the Leaguers appeared at the end of March (1585). Henry of Navarre was declared incapable, as a Protestant, of succeeding to the crown. Henry III. was summoned to extirpate heresy. To enforce these demands the Leaguers flew to arms all over France. Had Henry III. been a man of spirit he would have placed himself at the head of the loyal Catholics and fought it out. But by the compact of Nemours he conceded all the demands of the League (June 28/July 7, 1585). Thus began the last great war of religion, which lasted till Henry of Navarre was firmly seated on the throne of France.

Elizabeth had now finally lost the French alliance, the sheet-anchor of her policy since 1572, and she prepared for the grand struggle which could no longer be averted. As France failed her, she must make the best of the Dutch alliance. She did not conceal from herself that she would have to do her share of the fighting. But she was determined that the Dutch should also do theirs. Deprived of all hope of help from France they wished for annexation to the English crown, because solidarity between the two countries would give them an unlimited claim upon English resources. Elizabeth uniformly told them, first and last, that nothing should induce her to accept that proposal. She would give them a definite amount of assistance in men and money. But every farthing would have to be repaid when the war was over; and in the meantime she must have Flushing and Brill as security. They must also bind themselves to make proper exertions in their own defence. Gilpin, her agent in Zealand, had warned her that if she showed herself too forward they would simply throw the whole burden of the war upon her. Splendid as had often been the resistance of separate towns when besieged, there had been, from the first, lamentable selfishness and apathy as to measures for combined defence. The States had less than 6000 men in the field—half of them English volunteers—at the very time when they were assuring Elizabeth that, if she would come to their assistance, they could and would furnish 15,000. She was justified in regarding their fine promises with much distrust.

While this discussion was going on, Antwerp was lost. The blame of the delay, if blame there was, must be divided equally between the bargainers. The truth is that, cavil as they might about details, the strength of the English contingent was not the real object of concern to either of them. Each was thinking of something else. Though Elizabeth had so peremptorily refused the sovereignty offered by the United Provinces, they were still bent on forcing it upon her. She, on the other hand, had not given up the hope that her more decisive intervention would drive Philip to make the concessions to his revolted subjects which she had so often urged upon him. In her eyes, Philip’s sovereignty over them was indefeasible. They were, perhaps, justified in asserting their ancient constitutional rights. But if those were guaranteed, continuance of the rebellion would be criminal. Moreover, she held that elected deputies were but amateur statesmen, and had better leave the haute politique to princes to settle. “Princes,” she once told a Dutch deputation, “are not to be charged with breach of faith if they sometimes listen to both sides; for they transact business in a princely way and with a princely understanding such as private persons cannot have.” Her promise not to make peace behind their backs was not to be interpreted as literally as if it had been made to a brother prince. It merely bound her—so she contended—not to make peace without safeguarding their interests; that is to say, what she considered to be their true interests. Conduct based on such a theory would not be tolerated now, and was not tamely acquiesced in by the Dutch then. But to speak of it as base and treacherous is an abuse of terms.

It would be impossible to follow in detail the peace negotiations which went on between Elizabeth and Parma up to the very sailing of the Armada (1586-8). The terms on which the Queen was prepared to make peace never varied substantially from first to last. We know very well what they were. She claimed for the Protestants of the Netherlands (who were a minority, perhaps, even in the rebel provinces) precisely the same degree of toleration which she allowed to her own Catholics. They were not to be questioned about their religion; but there was to be no public worship or proselytising. The old constitution, as before Alva, was to be restored, which would have involved the departure of the foreign troops. These terms would not have satisfied the States, and if Philip could have been induced to grant them, the States and Elizabeth must have parted company. But, as he would make no concessions, the Anglo-Dutch alliance could, and did, continue. The cautionary towns she was determined never to give up to any one unless (first) she was repaid her expenses for which they had been mortgaged, and (secondly) the struggle in the Netherlands was brought to an end on terms which she approved. There was, therefore, never any danger of their being surrendered to Philip, and they did, in fact, remain in Elizabeth’s hands till her death.

Elizabeth has been severely censured for selecting Leicester to command the English army in the Netherlands. It is certain that he was marked out by public opinion as the fittest person. The Queen’s choice was heartily approved by all her ministers, especially by Walsingham, who kept up the most confidential relations with Leicester, and backed him throughout. Custom prescribed that an English army should be commanded, not by a professional soldier, but by a great nobleman. Among the nobility there were a few who had done a little soldiering in a rough way in Scotland or Ireland, but no one who could be called a professional general. The momentous step which Elizabeth was taking would have lost half its significance in the eyes of Europe if any less conspicuous person than Leicester had been appointed. Moreover, it was essential that the nobleman selected should be able and willing to spend largely out of his own resources. By traditional usage, derived from feudal times, peers who were employed on temporary services not only received no salary, but were expected to defray their own expenses, and defray them handsomely. Never did an English nobleman show more public spirit in this respect than Leicester. He raised every penny he could by mortgaging his estates. He not only paid his own personal expenses, but advanced large sums for military purposes, which his mistress never thought of repaying him. If he effected little as a general, it was because he was not provided with the means. Serious mistakes he certainly made, but they were not of a military kind.