text_original: They put forward as their justification the fact, or alleged fact, that the South Sea Company had failed to discharge its obligations to Spain. The British squadron had been sent to the Mediterranean, and the Spaniards declared that this was a threat and an insult to the King of Spain.
text_transcription: THEY PUT FORWARD AS THEIR JUSTIFICATION THE FACT OR ALLEGED FACT THAT THE SOUTH SEA COMPANY HAD FAILED TO DISCHARGE ITS OBLIGATIONS TO SPAIN THE BRITISH SQUADRON HAD BEEN SENT TO THE MEDITERRANEAN AND THE SPANIARDS DECLARED THAT THIS WAS A THREAT AND AN INSULT TO THE KING OF SPAIN
phonemes: ðeɪ pˌʊt fˈɔːɹwɚd æz ðɛɹ dʒˌʌstɪfɪkˈeɪʃən ðə fˈækt, ɔːɹ ɐlˈɛdʒd fˈækt, ðætðə sˈaʊθ sˈiː kˈʌmpəni hæd fˈeɪld tə dɪstʃˈɑːɹdʒ ɪts ˌɑːblɪɡˈeɪʃənz tə spˈeɪn. ðə bɹˈɪɾɪʃ skwˈɑːdɹən hɐdbɪn sˈɛnt tə ðə mˌɛdɪɾɪɹˈeɪniən, ænd ðə spˈænɪɚdz dᵻklˈɛɹd ðæt ðɪs wʌzɐ θɹˈɛt ænd ɐn ˈɪnsʌlt tə ðə kˈɪŋ ʌv spˈeɪn.