During the two decades the De Graeff family had a leading role in the Amsterdam administration, the city was at the peak of its political power. This period was also referred to by Republicans as the ‘Ware Vrijheid’ (True Freedom). It was the First Stadtholderless Period which lasted from 1650 to 1672. During these twenty years, the regents from Holland and in particular those of Amsterdam, controlled the republic. The city was flush with self-confidence and liked to compare itself to the famous Republic of Rome. Even without a stadtholder, things seemed to be going well for the Republic and its regents both politically and economically.