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Swaine king of Denmarke is reputed king of this land, he oppresseth the English people cruellie, and spoileth religious houses, the strange and miraculous slaughter of Swaine vaunting of his victories; the Danish chronicles write parciallie of him and his end, Cnute succeedeth his father Swaine in regiment, the Englishmen send king Egelred woord of Swaines death, Edward king Egelreds eldest sonne commeth ouer into England to know the state of the countrie and people of certeintie; Egelred with his power returneth into England; what meanes Cnute made to establish himselfe king of this land, and to be well thought of among the English people, Egelred burneth vp Gainesbrough, and killeth the inhabitants therof for their disloialtie; Cnutes flight to Sandwich, his cruel decree against the English pledges, he returneth into Denmarke, why Turkillus the Danish capteine with his power compounded with the Englishmen to tarrie in this land, his faithlesse seruice to Egelred, his drift to make the whole realme subiect to the Danish thraldome.

Herevpon Cnute calling the ambassadors before him againe, declared vnto them, that he was contented to conclude a peace vpon such conditions as they had offered: but yet with this addition, that their king whatsoeuer he should be, should paie Cnutes souldiers their wages, with monie to be leuied of that part of the kingdome which the English king should possesse.