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:
“Although I could lament in the language and feelings of David for Absalom, I am constrained to say, peace to his manes. Let us weep for the living, and not for the dead.”
—Andrew Jackson (1767–1845)
“Think not that I am come to send peace on earth: I came not to send peace, but a sword.”
—Bible: New Testament Matthew 10:34.
“The trouble about soldiers in Mr. Siegfried Sassoon’s poetry ... is that they are the kind of people who in a railroad train have to travel with their backs to the engine. Peace can have but few corners softly padded enough for such sensitives.”
—Rebecca West (1892–1983)