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:
“But tell me: how did gold get to be the highest value? Because it is uncommon and useless and gleaming and gentle in its brilliance; it always gives itself. Only as an image of the highest virtue did gold get to be the highest value. The giver’s glance gleams like gold. A golden brilliance concludes peace between the moon and the sun. Uncommon is the highest virtue and useless, it is gleaming and gentle in its brilliance: a gift- giving virtue is the highest virtue.”
—Friedrich Nietzsche (1844–1900)
“Beasts in their major freedom
Slumber in peace tonight.”
—Richard Wilbur (b. 1921)
“Sameness leaves us in peace but it is contradiction that makes us productive.”
—Johann Wolfgang Von Goethe (1749–1832)