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Was Wolsey’s fotiegn policy an expensive failure?

Source 3 supports the idea that Henry VIII’s foreign policy was actually quite successful; ‘Henry and Wolsey had good reason to think that they had been very successful’. Wolsey had gained immense status after the Treaty of London, when he became legatus a latere. Henry had successfully pulled off the field of cloth of gold (source 1), and was seen as peace keeper amongst the great powers since the 1518 Treaty of London. In conjunction with his successes in France in 1513, it was very easy for them to concentrate on how well they had done. On the other hand, the field of cloth of gold was a VERY expensive event. Yes it had been successful in generating a reputation…