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Law's bank in Paris in connection with the Mississippi Scheme. See "JOHN LAW PROMOTES THE MISSISSIPPI SCHEME," xiii, 1. Parliament passes the Septennial Act limiting the duration of a parliament to seven years. Unsuccessful invasion of Norway by Charles XII. War on Turkey by Austria; Battle of Peterwardein; victory of Prince Eugene. 1717. Occupation of Sardinia by Philip V of Spain. Walpole resigns the English ministry. A triple alliance formed between Britain, Holland, and France. Battle of Belgrad; defeat of the Turks by Prince Eugene. See "PRINCE EUGENE VANQUISHES THE TURKS," xiii, 16. 1718. Foundation of New Orleans, Louisiana, by the French. Invasion of Sicily by the Spaniards; Austria joins the Triple Alliance; the Spanish fleet defeated off Cape Passaro. Another attempt on Norway by Charles XII; he is killed while besieging Frederikshald. St. Petersburg becomes the capital of Russia. 1719. Philip V submits to the alliance; the Spaniards evacuate Sicily and Sardinia. Ravaging of the coast of Sweden by the Russian fleet. Great speculative craze in England. 1720. "BURSTING OF THE SOUTH SEA BUBBLE." See xiii, 22. Disastrous end of Law's financial schemes in France. Sweden and Prussia arrange the Treaty of Stockholm; Prussia acquires a large portion of Hither Pomerania. Sardinia becomes a kingdom, raised out of the Savoy dominions. 1721. Walpole again First Lord of the Treasury (prime minister) of England. France becomes financially bankrupt. 1722. A patent granted Wood for the coinage of copper coin for Ireland; this led Swift to write of the "wooden halfpence." Persia conquered by the Afghans. A Jacobite plot against George I of England discovered. Founding of a Moravian brotherhood at Herrnhut, Saxony. War on Persia by Peter the Great. 1723. Majority of Louis XV of France. Large territories secured from Persia by Peter the Great. "BACH LAYS THE FOUNDATION OF MODERN MUSIC." See xiii, 31. 1724. A professorship of modern history founded by George I at Oxford and at Cambridge university. Resignation of the Spanish crown by Philip V in favor of his son, Louis; the latter dies after a short reign, and his father reassumes the government. 1725. Treaty of Vienna between Austria and Spain, assenting to the Pragmatic Sanction of Charles VI. Treaty of Hanover between Great Britain, France, and Prussia. Death of Peter the Great; his widow, Catharine
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