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Lyon's Whelp was the name given to several British naval ships dating back to the 16th century, including at least two that were not financed or built by the Duke of Buckingham. The immediate predecessor to Buckingham's fleet of 10 Lion's Whelps was a war ship named Lion's Whelp that was owned by Charles Howard, 1st Earl of Nottingham, who was the Lord High Admiral of England (1585–1619) and who was succeeded by the Duke of Buckingham.
This Lion's Whelp was loaned to Sir Walter Raleigh and joined the English fleet for the combined Anglo-Dutch attack and expected capture of Cadiz in 1596. Robert Devereux, 2nd Earl of Essex and Sir Walter Raleigh were among the commanders of landing forces while Sir Charles Howard as admiral led the fleet. Victory was swift because the Spanish fleet had been set afire in order not be captured and their land army was badly organized. The Dutch and English sacked and pillaged Cadiz all the while respecting its citizens much to the astonishment of the Spanish. This Lion's Whelp was sold to the state in 1602, and then repaired at Chatham by the ambitious young shipwright Phineas Pett (see below). The Duke of Buckingham received this Lion's Whelp as a gift from King James VI in 1625, shortly before the King died. Ratification of the transfer of ownership occurred under King Charles.
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—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)