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THE
reign of Elizabeth was the most romantic and warlike in our history, and none
the less so because the romance and chivalry which made it famous were based
upon the belief in Eldorado. “Romance and money-making, desperate daring and
dividends were closely associated in the minds and hearts of men. There was no
line drawn between the bread-and-butter facts of life and the life of poetry and
imagination. The transactions of the money market and the war plans of sober
statesmen turned on expeditions resembling those which in our own day explore
Everest and the South Pole for nought save honour. Partly for that reason the
Elizabethan age aroused the practical idealism of the English genius to the
greatest height. Drake, Sidney, Spenser, Raleigh, and Shakespeare himself passed
their lives among men to whom commerce was a soul-stirring adventure of life
and death. .
. . To ~the men of London and of Devon the unmapped world beyond the
ocean seemed an archipelago of fair islands, each waiting to be discovered by
some adventurous knight vowed to leave, his bones far away; or to come back rich
and tell his tales in the tavern” (Trevelyan). One
of the most famous and fateful of these adventures was that for which the Queen
gave her commission to Sir Walter Raleigh in 1584. He was “to discover unknown
lands, to’ take possession of them in the Queen’s name, and to hold them for
6 years.” The lands thus acquired—Rokoken, Roanoke, and the mainland
adjacent were afterwards named Virginia. Successive colonies were sent out, and
Raleigh spent in all £40,000 on this
venture. “It is by his long, costly, and persistent effort to establish this
first of English colonies that Raleigh’s name is most favourably known; and
though it ended in failure, to him belongs the credit of having, the first of
Englishmen,’ pointed out the way to the formation of a greater England beyond
the seas” (Sir J. K. Laughton).
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