Where, then, could even a loophole be found through which the possibility of a compromise could be espied? The ideas of the contending parties were as much opposed to each other as fire and snow. Nevertheless, the great forces of the world seemed to have gradually settled into such an equilibrium as to make the continuance of the war for the present impossible.
Accordingly, the peace-party in Brussels had cautiously put forth its tentacles late in 1606, and again in the early days of the new year. Walrave van Wittenhorst and Doctor Gevaerts had been allowed to come to the Hague, ostensibly on private business, but with secret commission from the archdukes to feel and report concerning the political atmosphere. They found that it was a penal offence in the republic to talk of peace or of truce. They nevertheless suspected that there might be a more sympathetic layer beneath the very chill surface which they everywhere encountered. Having intimated in the proper quarters that the archdukes would be ready to receive or to appoint commissioners for peace or armistice, if becoming propositions should be made, they were allowed on the 10th of January, 1607, to make a communication to the States-General. They indulged in the usual cheap commonplaces on the effusion of blood, the calamities of war, and the blessings of peace, and assured the States of the very benignant disposition of their Highnesses at Brussels.
The States-General, in their reply, seventeen days afterwards, remarking that the archdukes persisted in their unfounded pretensions of authority over them, took occasion to assure their Highnesses that they had no chance to obtain such authority except by the sword. Whether they were like to accomplish much in that way the history of the past might sufficiently indicate, while on the other hand the States would always claim the right, and never renounce the hope, of recovering those provinces which had belonged to their free commonwealth since the union of Utrecht, and which force and fraud had torn away.
During twenty-five years that union had been confirmed as a free state by solemn decrees, and many public acts and dealings with the mightiest potentates of Europe, nor could any other answer now be made to the archdukes than the one always given to his holy Roman Imperial Majesty, and other princes, to wit, that no negotiations could be had with powers making any pretensions in conflict with the solemn decrees and well-maintained rights of the United Netherlands.
It was in this year that two words became more frequent in the mouths of men than they had ever been before; two words which as the ages rolled on were destined to exercise a wider influence over the affairs of this planet than was yet dreamed of by any thinker in Christendom. Those words were America and Virginia. Certainly both words were known before, although India was the more general term for these auriferous regions of the west, which, more than a century long, had been open to European adventure, while the land, baptized in honour of the throned Vestal, had been already made familiar to European ears by the exploits of Raleigh. But it was not till 1607 that Jamestown was founded, that Captain John Smith's adventures with Powhattan, "emperor of Virginia," and his daughter the Princess Pocahontas, became fashionable topics in England, that the English attempts to sail up the Chickahominy to the Pacific Ocean—as abortive as those of the Netherlanders to sail across the North Pole to Cathay—were creating scientific discussion in Europe, and that the first cargo of imaginary gold dust was exported from the James River.
With the adventurous minds of England all aflame with enthusiasm for those golden regions, with the thick-coming fancies for digging, washing, refining the precious sands of Virginia rivers, it was certain that a great rent was now to be made in the Borgian grant. It was inevitable that the rivalry of the Netherlanders should be excited by the achievements and the marvellous tales of Englishmen beyond the Atlantic, and that they too should claim their share of traffic with that golden and magnificent Unknown which was called America. The rivalry between England and Holland, already so conspicuous in the spicy Archipelagos of the east, was now to be extended over the silvery regions of the west. The two leading commercial powers of the Old World were now to begin their great struggle for supremacy in the western hemisphere.
A charter for what was called a West India Company was accordingly granted by the States-General. West India was understood to extend from the French settlements in Newfoundland or Acadia, along the American coast to the Straits of Magellan, and so around to the South Sea, including the Atlantic and Pacific Oceans, besides all of Africa lying between the tropic of Cancer and the Cape of Good Hope. At least, within those limits the West India Company was to have monopoly of trade, all other Netherlanders being warned off the precincts. Nothing could be more magnificent, nor more vague.
The charter was for thirty-six years. The company was to maintain armies and fleets, to build forts and cities, to carry on war, to make treaties of peace and of commerce. It was a small peripatetic republic of merchants and mariners, evolved out of the mother republic—which had at last established its position among the powers of Christendom—and it was to begin its career full grown and in full armour.
The States-General were to furnish the company at starting with one million of florins and with twenty ships of war. The company was to add twenty other ships. The Government was to consist of four chambers of directors. One-half the capital was to be contributed by the chamber of Amsterdam, one-quarter by that of Zeeland, one-eighth respectively by the chambers of the Meuse and of North Holland. The chambers of Amsterdam, of Zeeland, of the Meuse, and of North Holland were to have respectively thirty, eighteen, fifteen, and fifteen directors. Of these seventy-eight, one-third were to be replaced every sixth year by others, while from the whole number seventeen persons were to be elected as a permanent board of managers. Dividends were to be made as soon as the earnings amounted to ten per cent. on the capital. Maritime judges were to decide upon prizes, the proceeds of which were not to be divided for six years, in order that war might be self-sustaining. Afterwards, the treasury of the United Provinces should receive one-tenth, Prince Maurice one-thirtieth, and the merchant stockholders the remainder. Governors and generals were to take the oath of fidelity to the States-General. The merchandize of the company was to be perpetually free of taxation, so far as regarded old duties, and exempt from war-taxes for the first twenty years.
Very violent and conflicting were the opinions expressed throughout the republic in regard to this project. It was urged by those most in favour of it that the chief sources of the greatness of Spain would be thus transferred to the States-General; for there could be no doubt that the Hollanders, unconquerable at sea, familiar with every ocean-path, and whose hardy constitutions defied danger and privation and the extremes of heat and cold, would easily supplant the more delicately organized adventurers from Southern Europe, already enervated by the exhausting climate of America. Moreover, it was idle for Spain to attempt the defence of so vast a portion of the world. Every tribe over which she had exercised sway would furnish as many allies for the Dutch company as it numbered men; for to obey and to hate the tyrannical Spaniard were one. The republic would acquire, in reality, the grandeur which with Spain was but an empty boast, would have the glory of transferring the great war beyond the limits of home into those far distant possessions, where the enemy deemed himself most secure, and would teach the true religion to savages sunk in their own superstitions, and still further depraved by the imported idolatries of Rome. Commerce was now world-wide, and the time had come for the Netherlanders, to whom the ocean belonged, to tear out from the pompous list of the Catholic king's titles his appellation of Lord of the Seas.