Firth of Forth and landed an army under the Earl of Hertford. The Earl first captured Leith, then burned Edinburgh and Leith also, and re-embarked in less than a fortnight, leaving a detachment to return to< Berwick by land, which likewise wasted and burned everything on its way. Having thus dealt an effective blow at Scotland, which was followed up in the summer and autumn by continual ravages of the border, with destruction of towns and villages on a scale quite unprecedented, Henry crossed, on July 14, to the siege of Boulogne, which was formed before his arrival. It had been agreed, after some disputes, that this time the Emperor and the King should operate against the common enemy separately and join their forces at Paris. The siege of Boulogne, which was very protracted, was not quite in accordance with this plan. The Emperor advanced into the heart of France, and captured St Dizier after a six weeks' siege; but, in default of active support from his ally, on September 18 he made a separate peace with Francis at Crépy, and England was left to carry on the war alone. Boulogne had capitulated on September 14. Another siege-that of Montreuil-was abandoned, in which Count van Buren had been engaged with the Duke of Norfolk. The King crossed again to Dover on the 30th. In October, after the failure of a French attempt to recover Boulogne by surprise, conferences took place at Calais through the mediation of the Emperor; but peace could not be established, as the French insisted on the restoration of Boulogne, and the English on a promise to render no further assistance to the Scots.
The league between Henry and the Emperor had been hollow from the first; nor had it then been easily adjusted, the objects of the allies being entirely different. Henry had foreseen, long before he entered on it, that his Scottish policy would involve a war with France; the Emperor desired, if he could not drive the Turks out of Hungary, at least to break up the shameful alliance between them and the French King. The Pope meanwhile was urging both the Emperor and Francis to peace, so that a General Council might meet to put down heresy-that of England most of all; and now that peace was made, the Council was appointed to meet at Trent in March, 1545.
England being thus isolated, her resources were now put to a severe strain. Henry had already, at the beginning of the year 1544, been absolved by Parliament from repayment of the forced loan he had levied two years before, and it was not in this year that he began to debase the currency. On May 16, however, he issued a proclamation "enhancing" gold and silver, that is, raising the rate of the coins to prevent their being exported; for the quality of the English coinage, at this date, was still high, and it was consequently in much demand in other countries. But before another twelvemonth had expired, a debased currency was issued, which was afterwards lowered still further. Meanwhile, in June of this year a loan was obtained from the City of London