ThematterwasfinallyreferredtotheProvincialCouncilattheHague，anditwasconfidentlyexpectedthatthewisdomofthisbodywouldinventsomemeasurebywhichcreditshouldberestored。
Expectationwasonthestretchforitsdecision，butitnevercame。
Thememberscontinuedtodeliberateweekafterweek，andatlast，afterthinkingaboutitforthreemonths，declaredthattheycouldoffernofinaldecisionuntiltheyhadmoreinformation。Theyadvised，however，that，inthemeantime，everyvendorshould，inthepresenceofwitnesses，offerthetulipsinnaturatothepurchaserforthesumsagreedupon。Ifthelatterrefusedtotakethem，theymightbeputupforsalebypublicauction，andtheoriginalcontractorheldresponsibleforthedifferencebetweentheactualandthestipulatedprice。Thiswasexactlytheplanrecommendedbythedeputies，andwhichwasalreadyshowntobeofnoavail。TherewasnocourtinHollandwhichwouldenforcepayment。ThequestionwasraisedinAmsterdam，butthejudgesunanimouslyrefusedtointerfere，onthegroundthatdebtscontractedingamblingwerenodebtsinlaw。
Thusthematterrested。Tofindaremedywasbeyondthepowerofthegovernment。Thosewhowereunluckyenoughtohavehadstoresoftulipsonhandatthetimeofthesuddenreactionwerelefttobeartheirruinasphilosophicallyastheycould；thosewhohadmadeprofitswereallowedtokeepthem；butthecommerceofthecountrysufferedasevereshock，fromwhichitwasmanyyearsereitrecovered。
TheexampleoftheDutchwasimitatedtosomeextentinEngland。