a few days later all differences were satisfactorily settled, and the treaty ratified on the last day of July. Margaret again won general admiration for the able way in which she conducted this difficult negotiation. For this treaty, known as 'the Ladies' Peace,' was as advantageous to Spain and the Netherlands as it was humiliating to France. The terms were, in fact, a mitigation of those of the Treaty of Madrid. It was agreed that the restitution of Burgundy was not for the present to be insisted on, though the claim was still maintained. But the king's sons were to be set at liberty on the payment of 2,000,000 crowns, and the marriage with the emperor's sister Eleanor was now to be consummated. King Francis was to abandon all his allies, and renounce his claims on the suzerainty of Flanders and Artois, and abstain from sending further help to the Duke of Gueldres or Robert de la Marck. Charolais was to belong to Margaret for her lifetime, and after her decease to the emperor, but was to revert to the crown of France at his death. The possessions of the Duke of Bourbon and the Prince of Orange were to be ceded to Francis. On the 5th of August the two princesses, attended by the Papal Legate, Salviati, the ambassadors of King Ferdinand and of the King of England, repaired to the cathedral of Notre-Dame, where a solemn mass was celebrated by Robert de Croy, Bishop of Cambray, who preached a sermon on the benefits of peace. The princesses and the English ambassador then knelt before the high altar, and swore on the consecrated Host and the Gospels to faithfully observe the peace just concluded. After which the Dean of Cambray advanced and in a loud voice proclaimed that peace had been concluded between the Pope; the Emperor Charles; Francis, King of France; Ferdinand, King of Bohemia and Hungary; and Henry, King of England. A separate peace between King Henry and Madame Margaret was also proclaimed. The choir chanted a _Te Deum_, and with a blare of trumpets and clashing of cymbals the heralds announced to the waiting crowds that 'Peace was made.'