 Complete the following sentence: The hopes of the earls for military support foundered as Philip III of Spain wanted to maintain the recent 1604 peace treaty with James I of England, the Spanish economy had gone bankrupt in 1596 and its European fleet had been destroyed some months earlier by the Dutch Republic at the Battle of the Atlantic, the Spanish economy had gone bankrupt in 1596 and its European fleet had been destroyed some months earlier by the Dutch Republic at the Battle of the Atlantic, the Spanish economy had gone bankrupt in 1596 and its European fleet had been destroyed some months earlier by the Dutch Republic at the Battle of the Atlantic, the Spanish economy had gone bankrupt in 1596 and its European fleet had been destroyed some months earlier by the Dutch Republic at the Battle of the Atlantic, the Spanish economy had gone bankrupt in 1596, and its European fleet had been destroyed some months earlier by the Dutch Republic at the Battle of the Atlantic. : Ìjà ti Gibraltar. Ìyẹn fi hàn pé ńṣe ni wọn kàn fò lọ láìròtẹlẹ. 