Cal._, iii., 45).

Its value consisted in the pensions he received as a sort of commutation.] [Footnote 148: Machiavelli, _Opera_, iv., 139.] The fact that he had only achieved a small part of the conquest he professed to set out to accomplish was, therefore, no bar to negotiations for peace.

There were many reasons for ending the war; the rapid diminution of his father's treasures; the accession to the papal throne of the pacific Leo in place of the warlike Julius; the absolution of Louis as a reward for renouncing the council of Pisa; the interruption of the trade with Venice; the attention required by Scotland now that her king was Henry's infant nephew; and lastly, his betrayal first by Ferdinand and now by the Emperor.

In October, 1513, at Lille, a treaty had been drawn up binding Henry, Maximilian and Ferdinand to a combined invasion of France before the following June.[149] On 6th December, Ferdinand wrote to Henry to say he (p.

070) had signed the treaty.