Peace
Displeased with his kingdom's military performance, Philip dismissed Alberoni in December 1719, and made peace with the allies at the Treaty of The Hague on 17 February 1720.
In the treaty, Philip was forced to relinquish all territory captured in the war. However, their eldest son's right to the Duchy of Parma and Piacenza after the death of Isabella's childless half-cousin, Antonio Farnese, was recognized.
France returned Pensacola and the remaining conquests in the north of Spain in exchange for commercial benefits. Included in the terms of this treaty, the Duke of Savoy was forced to exchange his throne in Sicily for that of the less important Kingdom of Sardinia. Ironically, it was the less important Kingdom of Sardinia that would later unify Italy in the nineteenth century.
Read more about this topic: War Of The Quadruple Alliance
Famous quotes containing the word peace:
“Let there be peace on earth and let it begin with me;
let there be peace on earth, the peace that was meant to be.”
—Sy Miller (20th century)
“Great is my envy of you, earth, in your greed
Folding her in invisible embrace,
Denying me the look of the sweet face
Where I found peace from all my strife at need!”
—Petrarch (13041374)
“Here Men from The Planet Earth
First Set Foot upon The Moon
July, 1969 AD
We Came in Peace for All Mankind”
—Plaque left behind on the moons surface by the crew of Apollo 11.