Rumors of disaster by battle and tempest reaching Europe before the results of the expedition were accurately known, reports that the Emperor had been lost in a storm, and that the young Ottavio had perished with him, awakened remorse in the bosom of Margaret. It seemed to her that he had been driven forth by domestic inclemency to fall a victim to the elements. When, however, the truth became known, and it was ascertained that her husband, although still living, was lying dangerously ill in the charge of the Emperor, the repugnance which had been founded upon his extreme youth changed to passionate fondness. His absence, and his faithful military attendance upon her father, caused a revulsion in her feelings, and awakened her admiration. When Ottavio, now created Duke of Parma and Piacenza, returned to Rome, he was received by his wife with open arms. Their union was soon blessed with twins, and but for a certain imperiousness of disposition which Margaret had inherited from her father, and which she was too apt to exercise even upon her husband, the marriage would have been sufficiently fortunate.
Various considerations pointed her out to Philip as a suitable person for the office of Regent, although there seemed some mystery about the appointment which demanded explanation. It was thought that her birth would make her acceptable to the people; but perhaps, the secret reason with Philip was, that she alone of all other candidates would be amenable to the control of the churchman in whose hand he intended placing the real administration of the provinces.