But if Philip felt the blow of Fate, and showed that he felt it, he was not crushed by it. Almost as soon as he learned the extent of his losses he was assuring ambassadors that he would build another fleet stronger than the last, if he had to melt down every piece of plate on his table and every silver candlestick in the Escurial.

Garrett Mattingly, The Defeat of the Spanish A…, loc. 877