The expedition was floated as a joint stock company, with capital of about £80,000, one quarter to come from the Queen and one eighth from the Dutch, the balance to be made up by various noblemen, merchants and guilds. The treasurer was Sir James Hales (died 1589), who died on the return journey, as is recorded on his monument in Canterbury Cathedral. Concerns over logistics and the adverse weather delayed the departure of the fleet, and confusion grew as it waited in port. The Dutch failed to supply their promised warships, a third of the victuals had already been consumed, and the ranks of volunteers had increased the planned contingent of troops from 10,000 to 19,000. Unlike the Spanish Armada expedition the previous year, the English fleet also lacked siege guns and cavalry, which could compromise its intended aims.