MAP OF BRITISH ISLES, NORTH SEA, AND BALTIC.
Venetian, c. 1489. From Egerton MS. 73, f. 36.
The accession of Mary, in 1553, followed by the execution of Northumberland, produced no permanent changes in commercial policy. The tonnage, poundage, and wool duties granted for the reign by the first Parliament differed scarcely at all from those of Edward VI and his two predecessors. The Hansa recovered its privileges for a short time, only to be again deprived of them before the end of the reign. Relations with the Netherlands, strained during the Protestant régime, improved after the marriage of the queen with Philip of Spain. But these affairs are of little interest compared with the projects for more extended enterprise which now began to be seriously entertained for the first time. The really significant events of the period are the voyages of Sir Hugh Willoughby and his successors in search of a North-East Passage to Cathay, the opening up of an important trade with Russia, and the expeditions of English merchants to the Gold and Ivory Coasts in search of a more lucrative traffic than home waters could offer them. In fact, the old pelagic system of commerce was now developed as fully as foreign competition would admit; and the sky was white with the dawn of the oceanic era, with the progress of which the greatness of the Anglo-Saxon race has marched hand in hand.