that Charles of Egmont should be provisionally recognised as Duke of
Gelderland on condition that he should give up the towns in Holland that
he had captured and withdraw his troops within his own borders.

The extant correspondence between Maximilian and Margaret, which is of
the most confidential character, on matters of high policy, is a proof
of the high opinion the emperor entertained of his daughter's
intelligence and capacity. In nothing was his confidence more justified
than in the assiduous care and interest that the regent took in the
education of the Archduke Charles and his three sisters, who had been
placed in her charge. In 1515 Charles, on entering his sixteenth year,
was declared by Maximilian to be of age; Margaret accordingly handed
over to him the reins of government and withdrew for the time into
private life. Her retirement was not, however, to be of long
continuance. On January 23, 1516, King Ferdinand of Aragon died, and
Charles, who now became King of Castile and of Aragon, was obliged to
leave the Netherlands to take possession of his Spanish dominions.
Before sailing he reinstated his aunt as governess, and appointed a
council to assist her. This post she continued to hold till the day of
her death, for Charles was never again able to take up his permanent
residence in the Netherlands. During the first years after his
accession to the thrones of Ferdinand and Isabel he was much occupied
with Spanish affairs; and the death of Maximilian, January 12, 1519,
opened out to him a still wider field of ambition and activity. On June
28 Charles was elected emperor, a result which he owed in no small
degree to the diplomatic skill and activity of Margaret. Just a year
later the emperor visited the Netherlands, where Charles of Gelderland
was again giving trouble, and his presence was required both for the
purpose of dealing with the affairs of the provinces and also for
securing a grant of supply, for he was sorely in need of funds. Margaret