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Suggested preparatory reading:
Susan Doran, ‘1603: a Jagged Succession’, Historical Research, 93/261, 443-465
Pauline Croft, ‘Trading with the Enemy, 1585-1604’, Historical Journal, 32/2 (1989), 281-302
K. R. Andrews, Elizabethan Privateering (Cambridge, 1966), chs. 6, 8 and 10