During the years between the campaign in Flanders, which was ended by a truce on September 25th, 1340, and the campaign of Cressy, in 1346, Edward had been principally occupied in preparations for renewing the war. Peace negotiations had been carried on before Pope Clement VI. by commissioners appointed by the two kings; but as neither party wished for peace, it could not be expected that these would lead to any result.The Parliament that sat at Westminster in 1343 had, relieved Edward III. from his pressing want of money by granting him new supplies, and he had been able to redeem his great crown from pawn. But he had borrowed so largely from the great Florentine merchants, the Bardi, that his failure to pay his debt of 900,000 golden florins at the right time brought about their bankruptcy; and as they were the largest bankers in Florence, the whole city suffered greatly through their failure.