“His Majesty rejected these terms haughtily,” commented Arlington.

The Prince glanced at him gravely.

“The King of France’s demands are these—that the frontiers of the Republic be withdrawn to the river Leek, leaving in his hands Guelders, Overyssel, Utrecht and Brabant, Delfzyl and its dependencies, which are, my lords, the keys of Groningen; the free exercise of the Romish faith in the States; the revocation of all edicts detrimental to French commerce; the rights of our East India Company waived in favour of his; a tribute of 12,000,000 florins; and lastly, sir, to complete the humiliation of the States he demands that a formal embassy be sent every year to do homage to him and thank him for having left us so much.”

“Well,” answered Buckingham, “the terms of a conqueror, Your Highness—and what avails it to complain when there is no alternative?”

Arlington replied more gently—

“We will endeavour, Sir, to soften these terms.”

William looked from one to another.

“I think these terms are of M. de Louvois’ suggestion—they will prove the worst piece of policy he ever set his hand to. If he had taken M. de Groot’s terms he had had a great advantage; but now he will obtain nothing.”

The two envoys exchanged a glance.

“Sir,” said the Earl, “you confuse yourself with the States—this does not ruin you.”