:06:06
Charles, Baron Howard of Effingham,
Lord High Admiral of England.
:06:13
Walter Raleigh, knight, vice admiral
of the fleets, and warden of the stannary.
:06:34
Do you kneel in homage, my Lord Essex...
:06:37
...or in shame?
:06:40
Shame, Your Majesty?
:06:42
Have you lost your hearing
as well as your military skill?
:06:46
Stand up.
:06:50
I believe my military skill was well
demonstrated at Cádiz, madam.
:06:54
Has our commissioner
not brought you news of my victory?
:06:57
Your victory!
:07:00
For three years, the rains of England
have rotted our harvest to the ground.
:07:05
Three years of famine
and a depleted treasury.
:07:08
But my Lord of Essex
had the cure for that.
:07:11
Yes, indeed.
:07:13
"Raise me but £50,000, madam,"
says he...
:07:17
..."and I'll sail for Cádiz and fetch you
such a Spanish treasure fleet...
:07:21
...as will make England rich again."
:07:24
So I did.
:07:26
I taxed my already overburdened people.
:07:28
Got him his £50,000.
:07:32
Now, where is my Spanish treasure fleet?
:07:37
Look!
:07:39
He can't answer.
He daren't answer.
:07:42
- Lf Your Majesty will let me tell you.
- Go on, then.
:07:45
Unfortunately, it was you
who called the fleet back...
:07:48
...before my plans
had been carried out.
:07:51
Unfortunately, the Spanish treasure fleet,
with 12 million ducats...
:07:54
...lies beneath the waters of Cádiz Harbor,
sunk by the Spaniards themselves.
:07:59
While Essex, against the advice
of Howard and Raleigh...