82Henry held Lower Navarre and the Principality of Béarn in his own
right, and, as fiefs, the Duchies of Vendôme, Beaumont, and Albret; the
Counties of Bigorre, Armagnac, Rouergue, Perigord, and Marle; the Viscounties
of Limoges, and other lordships. See Map of France.
83While Sully had been doing something to replenish the exchequer of
King Henry, his antagonist, Philip, attempted a more summary method.
On November 20, 1596, he publicly revoked all assignments, or mortgages
by which the taxes on the royal domain had been pledged for money
advanced to him. The pretext for this wholesale repudiation was that his
exertions for Christianity had reduced him to beggary, while the money-lenders
had been growing rich at his expense. The deed, however,
produced a panic. The chief merchants and bankers suspended payment,
and the credit of Spain received a shock from which it did not easily
recover.
84The Marquisate of Saluzzo in Piedmont had been ceded to France by
the Treaty of Cateau Cambrésis, cf. p. 257. Henry IV. in 1601 exchanged it
with the Duke of Savoy for Bresse, Bugey, and Gex.
85His brothers, Ferdinand and Charles, received Tyrol and Styria.
These were reunited to Austria proper under Ferdinand II., and the
Austrian dominions were declared indivisible, 1621.