But almost immediately orders came from the court of the Privy Council suspending both the formation of the Company and the preparations for the voyage. The peace negotiations with Spain which had followed the death of King Philip II in 1598 were progressing, and their lordships, ‘thinking it more beneficiall … to enterteyne a peace, than that the same should be hindered’ by a quarrel, made the decision that the adventurers should ‘proceade noe further in this matter for this yere’.
