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 Conscious of his debts to England, Maximilian gravely offered to invest King Henry with the dukedom of Milan, and even to resign the Empire itself in his favour. Henry was not much taken with these offers, but thought it more important that the Emperor should come down to Flanders and correct the French leanings of his grandson's counsellors; or he might come on to Calais, where, in that case, Henry would meet him. The suggestion was agreeable to Maximilian, as it offered a pretext for new demands on Henry's purse for travelling expenses. He delayed the journey, however, for some time, while Charles and his counsellors concluded a treaty with France at Noyon, on August 13, with the object of settling questions about Navarre and Naples, so as to let the young Prince go to Spain with comfort. This was quite disastrous to the policy of England and to the manifest interests of Maximilian, and had a bad effect upon the Swiss. But Maximilian required further aid from England to prevent Verona falling into the hands of the Venetians, and it was apparently with this object mainly that he despatched Matthias Schinner, Cardinal of Sion, into England in October, though there were no doubt more specious pretexts. For, notwithstanding the Treaty of Noyon, even Charles' counsellors admitted the danger of Francis becoming supreme in Italy and putting pressure on the Pope. The Cardinal of Sion conferred with them on the way to England, and a league for the defence of the Church was concluded in London on October 29 between England, the Emperor, and Spain. But the Emperor was still called on to perform his promise; and, being yet far from the Low Countries, he continually required golden arguments to make him advance further. He reached Hagenau in Elsass in the beginning of December; and the Cardinal of Sion, who joined him there on his return from England, continued the begging on his behalf, writing to Wolsey that Charles' counsellors were seriously alarmed at his approach. This was a gross falsehood; for, shameful to say, at that very time the Emperor, by his commissioners at Brussels, had accepted the Treaty of Noyon and given his oath to observe it. Moreover, he had put Verona into the hands of the King of Castile, who, he pretended, could keep it better than himself; but Charles merely handed it over by compact to the French, to be restored by them to the Venetians.

So, in fact, all the King's money bestowed on Maximilian was lost. But under Wolsey's guidance large compensation was obtained ere long. No change was made in external policy. The Emperor was treated still as a friend, till he fell into suspicion with other allies, and lost all influence in Europe: while, on the other hand, England was sought by all parties for the sake of her full coffers. Charles of Castile felt the need of her to advance money to him for his voyage to Spain; and, while Henry was supposed to be still bent on doing France all the mischief in his power, very secret negotiations began between France and England, first for the restoration of Tournay, and ultimately,