Hialas took a journey northwards, and offered his mediation between James and Henry, as minister of a prince who was in alliance with both potentates. Commissioners were soon appointed to meet and confer on terms of accommodation. The first demand of the English was, that Perkin should be put into their hands: James replied, that he himself was no judge of the young man’s pretensions; but having received him as a supplicant, and promised him protection, he was determined not to betray a man who had trusted to his good faith and his generosity. The next demand of the English met with no better reception: they required reparation for the ravages committed by the late inroads into England: the Scottish commissioners replied, that the spoils were like water spilt upon the ground, which could never be recovered; and that Henry’s subjects were better able to bear the loss, than their master to repair it. Henry’s commissioners next proposed, that the two kings should have an interview at Newcastle, in order to adjust all differences; but James said, that he meant to treat of a peace, not to go a begging for it. Lest the conferences should break off altogether without effect, a truce was concluded for some months; and James, perceiving that while Perkin remained in Scotland he himself never should enjoy a solid peace with Henry, privately desired him to depart the kingdom. Access was now barred Perkin into the Low Countries, his usual retreat in all his disappointments. The Flemish merchants, who severely felt the loss resulting from the interruption of commerce with England, had made such interest in the archduke’s council, that commissioners were sent to London, in order to treat of an accommodation. The Flemish court agreed, that all English rebels should be excluded the Low Countries; and in this prohibition the demesnes of the duchess dowager were expressly comprehended. When this principal article was agreed to, all the other terms were easily adjusted. A treaty of commerce was finished, which was favorable to the Flemings, and to which they long gave the appellation of “intercursus magnus,” the great treaty. And when the English merchants returned to their usual abode at Antwerp, they were publicly received, as in procession, with joy and festivity.