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:
“In time of war you know much more what children feel than in time of peace, not that children feel more but you have to know more about what they feel. In time of peace what children feel concerns the lives of children as children but in time of war there is a mingling there is not children’s lives and grown up lives there is just lives and so quite naturally you have to know what children feel.”
—Gertrude Stein (1874–1946)
“I wish to reiterate all the reasons which [my predecessor] has presented in favor of the policy of maintaining a strong navy as the best conservator of our peace with other nations and the best means of securing respect for the assertion of our rights of the defense of our interests, and the exercise of our influence in international matters.”
—William Howard Taft (1857–1930)
“What a terrible thing has happened to us all! To you there, to us here, to all everywhere. Peace who was becoming bright-eyed, now sits in the shadow of death; her handsome champion has been killed as he walked by her very side. Her gallant boy is dead. What a cruel, foul, and most unnatural murder! We mourn here with you, poor, sad American people.”
—Sean O’Casey (1884–1964)