After a brief interval of repose, Leyden had regained its former position. The Prince, with advice of the estates, had granted the city, as a reward for its sufferings, a ten days' annual fair, without tolls or taxes, and as a further manifestation of the gratitude entertained by the people of Holland and Zealand for the heroism of the citizens, it was resolved that an academy or university should be forthwith established within their walls. The University of Leyden, afterwards so illustrious, was thus founded in the very darkest period of the country's struggle. The university was endowed with a handsome revenue, principally derived from the ancient abbey of Egmont, and was provided with a number of professors, selected for their genius, learning, and piety among all the most distinguished scholars of the Netherlands. The document by which the institution was founded was certainly a masterpiece of ponderous irony, for as the fiction of the King's sovereignty was still maintained, Philip was gravely made to establish the university, as a reward to Leyden for rebellion to himself. "Considering," said this wonderful charter, "that during these present wearisome wars within our provinces of Holland and Zealand, all good instruction of youth in the sciences and liberal arts is likely to come into entire oblivion. . . . . Considering the differences of religion--considering that we are inclined to gratify our city of Leyden, with its burghers, on account of the heavy burthens sustained by them during this war with such faithfulness--we have resolved, after ripely deliberating with our dear cousin, William, Prince of Orange, stadholder, to erect a free public school and university," etc., etc., etc. So ran the document establishing this famous academy, all needful regulations for the government and police of the institution being entrusted by Philip to his "above-mentioned dear cousin of Orange."