The ' was a
commercial treaty signed in April 1506 by King
Henry VII of England and Duke
Philip IV of Burgundy.
Background and detail
Continuing frictions with the
Company of Merchant Adventurers of London, combined with Henry's desire to secure
Edmund de la Pole, 3rd Duke of Suffolk, the leading Yorkist heir, sheltering in Burgundy, led Henry to attempt further negotiations, even after the ratification of the ''
Intercursus Magnus'' in 1496. A shipwreck in 1506 left Philip stranded in England en route to claiming the
Castilian inheritance of his wife,
Joanna the Mad.
This enabled Henry to negotiate the ' ("", so named from the Dutch perspective for being far too favorable to English interests), intended to replace the '.
This replacement removed all duties from English textile exports without reciprocity and with little compensation for the Burgundians.
49-year-old Henry, widowed three years previously, also arranged to be married to Philip's sister, the twice-widowed 26-year-old
Margaret
Margaret is a female first name, derived via French () and Latin () from grc, μαργαρίτης () meaning "pearl". The Greek is borrowed from Persian.
Margaret has been an English name since the 11th century, and remained popular througho ...
.
Finally Philip of Burgundy was forced to hand over Edmund de la Pole. Henry also recognised Philip and Joanna as the rulers of Castille (seeing as Queen
Isabella I of Castile
Isabella I ( es, Isabel I; 22 April 1451 – 26 November 1504), also called Isabella the Catholic (Spanish: ''la Católica''), was Queen of Castile from 1474 until her death in 1504, as well as List of Aragonese royal consorts, Queen consort ...
had died in 1504). After handing over de la Pole, Philip and Joanna were allowed to leave England after a forced stay of six weeks.
Margaret's objection—both to the marriage and the treaty more generally—meant that, on Philip's death that September and Margaret's appointment as
Governor of the Habsburg Netherlands
The governor ( nl, landvoogd) or governor-general () of the Habsburg Netherlands was a representative appointed by the Holy Roman emperor (1504-1556), the king of Spain (1556-1598, 1621-1706), and the archduke of Austria (1716-1794), to administ ...
(and ''de facto'' ruler), the treaty was not ratified
being replaced instead by a third treaty in 1507, repeating the terms of the first.
References
{{Reflist
1500s treaties
1506 in Europe
16th-century economic history
Commercial treaties
Treaties of England
Treaties of the Burgundian Netherlands