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t the general anticipation, justified by the event, was that Charles would carry the day. [Footnote 418: "To hear how rich and poor lament the war would grieve any man's heart" (Fitzwilliam to Wolsey, 18th Jan., 1521-22, _L. and P._, iii., 1971).] [Footnote 419: _L. and P._, ii., 3702-3.] [Footnote 420: _Ibid._, iii., 378.] [Footnote 421: _Ibid._, iii., 404; _cf._ iii., 2446 _ad fin._] [Footnote 422: Michelet, x., 131.] No possible advantage could accrue to England from such a destruction of the balance of power; her position as mediator was only tenable so long as neither Francis nor Charles had the complete mastery. War on the Emperor was, no doubt, out of the question, but that was no reason for war on France. Prudence counselled England to make herself strong, to develop her resources, and to hold her strength in reserve, while the two rivals weakened each other by war. She would then be in a far better position to make her voice heard in the settlement, and would probably have been able to extract from it all the benefits she could with reason or justice demand. So obvious was the advantage of this policy that for some time acute French statesmen refused to credit Wolsey with any other. They said, reported an English envoy to (p. 152) the Cardinal, "that your grace would make your profit with them and the Emperor both, and proceed between them so that they might continue in war, and that the one destroy the other, and the King's highness may remain and be their arbiter and superior".[423] If it is urged that Henry was bent on the war, and that Wolsey must satisfy the King or forfeit his power, even the latter would have been the better alternative. His fall would have been less complete and more honourable than it actually was. Wolsey's failure to follow this course suggests that, by involving Henry in dazzling schemes of a foreign conquest, he was seeking to divert his attention from urgent matters at home; that he had seen a vision of impending ruin; and that his actions were the frantic efforts of a man to turn a steed, over which he has imperfect control, from the gulf he sees yawning ahead. The only other explanation is that Wolsey sacrificed England's interests in the hope of securing from Charles the gift of the papal tiara
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