The flight of Coutherele and the failure of his subsequent efforts left the reactionary party a free hand, and by 1375 they had so consolidated their position that they were able to compel Winceslaus to cancel the charter of 1361 and grant in its place a new charter, which gave back to the old ruling class its former monopoly of political power. The result may be surmised: mismanagement and corruption were the order of the day; no accounts were published, and justice had to be bought; any manifestation of discontent was put down with cruel vigour, and even the right of sanctuary was not always respected. Once, after some abortive rising, when a score of trembling wretches, who had taken refuge in the cloister of Notre Dame, were dragged forth by order of the magistrates and put to death, the Bishop of Liége interfered and imposed a heavy fine; and no doubt the patricians laughed in their sleeves when presently the account was settled, for it was not they, but the people, who bore the brunt of the imposts. Though taxation had never before been so high, the treasury was empty; loan had been added to loan, and private individuals travelling abroad were on all sides being arrested for public debts. Thus export trade had become impossible, and as for industry, there was nothing doing, for sooner than submit to the exactions of their taskmasters, a third of the working population had emigrated. At last, when Louvain was on the verge of ruin, the patricians themselves began to suspect that there was something wrong with their methods of government, and, at their wits' end what to do, presently consulted Winceslaus, who, wise man, suggested a great conference of all the cities of Brabant to consider the situation. This was early in the year 1378. The patricians agreed, and in due course a conference was summoned. Towards the close of March the deputies met in the Town Hall of Louvain; the Duke himself presided, and almost every town in the duchy was represented. It is not certain whether the craftsmen of Louvain took any part in the proceedings, but they were able to make their influence felt. Whilst the conference was sitting they sent in a petition to Winceslaus, humbly requesting, among other things, that a statement should be published of the town accounts from the time of Coutherele's administration to date; that such patricians as had been awarded annuities by way of indemnity for losses incurred during Coutherele's term of office should cease to receive them as soon as the sum justly due to them had been repaid, and that those who had already received more than their due should be compelled to refund the surplus; and, most important of all, that the town seal should be confided to the joint care of the patrician clans, the guild and the trade companies, so that henceforth no new loan could be negotiated without the unanimous consent of the burghers.