Of this sum the States requested her Majesty should furnish two-thirds, while they agreed to furnish the other third, which would make in all L240,000 for the Queen, and L290,000 for the States.

As it was understood that the English subsidies were only a loan, secured by mortgage of the cautionary towns, this did not seem very unreasonable, when the intimate blending of England's welfare with that of the Provinces was considered.
Thus it will be observed that Lord Buckhurst--while doing his best to conciliate personal feuds and heart-burnings--had done full justice to the merits of Leicester, and had placed in strongest light the favours conferred by her Majesty.
He then proceeded to Utrecht, where he was received with many demonstrations of respect, "with solemn speeches" from magistrates and burgher-captains, with military processions, and with great banquets, which were, however, conducted with decorum, and at which even Count Moeurs excited universal astonishment by his sobriety.

It was difficult, however, for matters to go very smoothly, except upon the surface.

What could be more disastrous than for a little commonwealth--a mere handful of people, like these Netherlanders, engaged in mortal combat with the most powerful monarch in the world, and with the first general of the age, within a league of their borders--thus to be deprived of all organized government at a most critical moment, and to be left to wrangle with their allies and among themselves, as to the form of polity to be adopted, while waiting the pleasure of a capricious and despotic woman?
And the very foundation of the authority by which the Spanish yoke had been abjured, the sovereignty offered to Elizabeth, and the government-general conferred on Leicester, was fiercely assailed by the confidential agents of Elizabeth herself.

The dispute went into the very depths of the social contract.