This peace ranks with that of Westphalia among the most important
diplomatic arrangements of modern times. First, Louis's grandson, Philip V, was
recognized as king of Spain and her colonies, on condition that the Spanish and
French crowns should never be united. Since this time Bourbon sovereigns have
continued to rule in Spain. Next, the Austrian Hapsburgs gained most of the
Spanish dominions in Italy, as well as the Belgian or Spanish Netherlands
(henceforth for a century called the Austrian Netherlands). Finally, England
obtained from France possessions in North America, and from Spain the island of
Minorca and the rock of Gibraltar, commanding the narrow entrance to the
Mediterranean. England has never since relaxed her hold upon Gibraltar.
BRANDENBURG AND PRUSSIA
Two of the smaller members of the Grand Alliance likewise
profited by the Peace of Utrecht. The right of the elector of Brandenburg to
enjoy the title of king of Prussia was acknowledged. This formed an important
step in the fortunes of the Hohenzollern dynasty, which to-day rules over
Germany. The duchy of Savoy also became a kingdom and received the island of
Sicily (shortly afterwards exchanged for Sardinia). The house of Savoy in the
nineteenth century provided Italy with its present reigning family.
POSITION OF FRANCE
France lost far less by the war than at one time seemed
probable. Louis gave up his dream of dominating Europe, but he kept all the
Continental acquisitions made earlier in his reign. And yet the price of the
king's warlike policy had been a heavy one. France paid it in the shape of
famine and pestilence, excessive taxes, heavy debts, and the impoverishment of
the people. Louis, now a very old man, survived the Peace of Utrecht only two
years. As he lay on his deathbed, the king turned to his little heir [16] and
said, "Try to keep peace with your neighbors. I have been too fond of war;
do not imitate me in that, nor in my too great expenditure." These words
of the dying king showed an appreciation of the errors which robbed his long
reign of much of its glory.
[16] His great-grandson, then a child of five years. The
reign of Louis XV covered the period 1715-1774 A.D.