'Madame! On Sunday last, the 15th of this month, I received by Richard the letters and other papers which you were pleased to send me. The emperor was at that time on a hunting expedition five leagues hence, with a few attendants, having previously taken leave of the Duchess of Alençon; and on his return I presented to him your letters. I discussed with him at length the two principal points relative to the peace or truce, and the commercial arrangements in which your country is concerned.... To all this his Majesty gave a willing ear, and seemed to take in good part all that was said.... 'Madame! Whatever might have been the opinion offered, it has certainly come to pass... that peace has been made with England, and according to articles which had been proposed and resolved upon before the battle and capture of the king.... Among other causes, it has chiefly arisen, as is pretended, out of the truce made in your country, as well as from the correspondence which has passed, and your frequent declarations, that as far as your interest was concerned, you had abandoned all thoughts of war. Concerning this matter I gave a sufficient explanation, and satisfied his said Majesty, as I hope thereupon....'[112] [110] E. Armstrong. [111] Nicolas de Perrenot, known as the Sieur de Granvelle. [112] W. Bradford, _Correspondence of the Emperor Charles V._ At last, on the 14th of January 1526, the Treaty of Madrid was signed between Charles V. and Francis I., and the emperor at once wrote to Margaret to inform her of the joyful news, enclosing a summary of the treaty. In return for his freedom the French king agreed to give up the much-coveted duchy of Burgundy and the counties of Charolais and Hesdin, to allow the sovereignty of Flanders and other countries of the emperor within France. To renounce all claim to Naples, Milan, Genoa, and Asti, as well as to Tournay and Arras. To reinstate the Duke of Bourbon in all his property; and set at liberty the Prince of Orange without any ransom. It was agreed that all prisoners on both sides should be liberated; and that the Duke of Gueldres should be allowed to retain his title during his lifetime, on condition that at his death his duchy should pass to the emperor. The king's marriage with Queen Eleanor of Portugal was to take place as soon as possible, the queen bringing 200,000 crowns in gold as her dower, besides the counties of Macon, Auxerre, and Bar-sur-Seine, which were to be settled on her and her heirs. It was especially stipulated that if the king should be unable to restore Burgundy or carry out other parts of the treaty, he should again return to captivity, leaving the Dauphin and his second son as hostages.[113] [113] _Calendar of Spanish State Papers_, vol. iii.