On terminating their speeches, the Venetians conjured the assembly to elect an emperor from among the other leaders of the army. After this, the choice of the electors could only be directed towards the count of Flanders and the marquis of Montferrat; the most wise dreading that the one of the two concurrents who should not obtain the empire, would be sure to give vent to his dissatisfaction, and would desire the fall of the throne occupied by his rival. They still remembered the violent debates which, in the first crusade, had followed the election of Godfrey of Bouillon; and the troubles excited in the young kingdom of Jerusalem, by the jealous ambition of Raymond de St. Gilles. To prevent the effects of such a fatal discord, it was judged best to decree, at once, that the prince that should gain the suffrages for the imperial throne, should yield to the other, under the condition of fealty and homage, the property of the island of Candia, and all the lands of the empire situated on the other side of the Bosphorus. After this decision, the assembly turned their whole attention to the election of an emperor. Their choice was for a long time uncertain. The marquis of Montferrat at first appeared to have the majority of the suffrages; but the Venetians were fearful of seeing upon the throne of Constantinople a prince who had any possessions in the neighbourhood of their territories, and represented to the assembly that the election of Baldwin would be much more advantageous to the Crusaders, particularly as it would interest the warlike nations of the Flemings and French in the glory and support of the new empire. The interests and jealousies of policy, and, without doubt, also wisdom and equity, at length united all voices in favour of the count of Flanders. The Crusaders, assembled before the palace of Bucoleon, awaited with impatience the decision of the electors. At the hour of midnight, the bishop of Soissons came forward under the vestibule, and pronounced, in a loud voice, these words: “This hour of the night, which witnessed the birth of a Saviour of the world, gives birth to a new empire, under the protection of the Omnipotent. You have for emperor, Baldwin, count of Flanders and Hainault.” Loud cries of joy arose from among the Venetians and the French. The people of Constantinople, who had so often changed masters, received, without repugnance, the new one just given to them, and mingled their acclamations with those of the Latins. Baldwin was elevated upon a buckler, and borne in triumph to the church of St. Sophia. The marquis of Montferrat followed in the train of his rival; the generous submission, of which he presented an example, was much admired by his companions in arms, and his presence drew scarcely less attention than the warlike pomp that surrounded the new emperor.