After the conflict with William II over the size of the army, which ended at his premature death, the now victorious regents lost little time in further reducing the size of the army. Unfortunately, they displayed the same parsimony to the navy, allowing the independent admiralties to sell off a large part of the fleet that had defeated the second Spanish Armada so resoundingly in neutral English waters in the Battle of the Downs of 1639. The foolishness of this policy was amply demonstrated in the First Anglo-Dutch War, when at least initially the Dutch navy did not stand a chance against the English fleet, at least in home waters, due to its qualitative and quantitative inferiority. While the war was still raging, the De-Witt regime therefore embarked on an ambitious program of naval construction and naval reform. The "new navy" was born that would become the pre-eminent instrument to project Dutch power abroad. The main innovation was that now sixty captains would be permanently employed by the navy, greatly increasing its professionalism. Due to the shallowness of Dutch home waters the size of the largest Dutch ships could still not be equal to that of the English first-rates, but the gap in weight of guns was narrowed.