They had their fears that Lewis might be playing false.

They had their fears also that, possessed of Sicily, he would be master of the trade of the Levant; and that, possessed of Guipuscoa, he would be able at any moment to push an army into the heart of Castile.

But they had been reassured by the thought that their Sovereign thoroughly understood this department of politics, that he had fully considered all these things, that he had neglected no precaution, and that the concessions which he had made to France were the smallest which could have averted the calamities impending over Christendom.

It was added that the service which His Majesty had rendered to the House of Bavaria gave him a right to ask for some return.

Would it be too much to expect, from the gratitude of the prince who was soon to be a great king, some relaxation of the rigorous system which excluded the English trade from the Spanish colonies?
Such a relaxation would greatly endear His Majesty to his subjects.
With these suggestions the Chancellor sent off the powers which the King wanted.