Then was it proclaimed throughout the host by the Marquis Boniface of Montferrat, who was lord of the host, and by the barons, and by the Doge of Venice, that all the booty should be collected and brou-ht together, as had been covenanted under oath and pain of excommunication. Three churches were appointed for the receiving of the spoils, and guards were set to have them in charge, both Franks and Venetians, the most upright that could be found.

Then each began to bring in such booty as he had taken, and to collect it together. And some brought in loyally, and some in evil sort, because covetousness, which is the root of all evil, let and hindered them. So from that time forth the covetous began to keep things back, and our Lord began to love them less. Ah God! how loyally they had borne themselves up to now! And well had the Lord God shown them that in all things He was ready to honour and exalt them above all people. But full oft do the good suffer for the sins of the wicked.

The spoils and booty were collected together, and you must know that all was not brought into the common stock, for not a few kept thin-s back, maugre the excommunication of the Pope. That which was brought to the churches was collected together and divided, in equal parts, between the Franks and the Venetians, according to the sworn covenant. And you must know further that the pilgrims, after the division had been made, paid out of their share fifty thousand marks of silver to the Venetians, and then divided at least one hundred thousand marks between themselves, among their own people. And shall I tell you in what wise? Two sergeants on foot counted as one mounted, and two sergeants mounted as one knight. And you must know that no man received more, either on account of his rank or because of his deeds, than that which had been so settled and orderedsave in so far as he may have stolen it.

And as to theft, and those who were convicted thereof, you must know that stem justice was meted out to such as were found guilty, and not a few were hung. The Count of St. Paul hung one of his knights, who had kept back certain spoils, with his shield to his neck; but many there were, both great and small, who kept back part of the spoils, and it was never known. Well may you be assured that the spoil wa- very great, for if it had not been for what was stolet- and for the part given to the Venetians, there would if have been at least four hundred thousand marks of silver and at least ten thousand horses-one with another. Thus were divided the spoils of Constantinople, as you have heard.