4 He seeks, of all his drift the aimed end:

drift > intention; plot

5 Thereto his subtile engines he does bend,

subtile > subtle; sly, crafty engines > wiles

6 His practic wit, and his fair filed tongue,

practic > artful, cunning filed > smooth, polished

7 With thousand other sleights: for well he kenned

kenned > recognized; acknowledged

8 His credit now in doubtful balance hung;

credit > reputation; authority; credibility