"MY LORDS AND GENTLEMEN,
"The making peace and war is the undoubted prerogative of the crown; yet such is the just confidence I place in you, that at the opening of this session, I acquainted you that a negotiation for a general peace was begun; and afterwards, by messages, I promised to communicate to you the terms of peace, before the same should be concluded.
"In pursuance of that promise, I now come to let you know upon what terms a general peace may be made.
"I need not mention the difficulties which arise from the very nature of this affair; and it is but too apparent, that these difficulties have been increased by other obstructions, artfully contrived to hinder this great and good work.
"Nothing, however, has moved me from steadily pursuing, in the first place, the true interests of my own kingdoms, and I have not omitted any thing, which might procure to all our allies what is due to them by treaties, and what is necessary for their security.
"The assuring of the Protestant succession, as by law established in the House of Hanover, to these kingdoms; being what I have nearest at heart, particular care is taken not only to have that acknowledged in the strongest terms, but to have an additional security, by the removal of that person out of the dominions of France, who has pretended to disturb this settlement.
"The apprehension that Spain and the West Indies might be united to France, was the chief inducement to begin this war; and the effectual preventing of such an union, was the principle I laid down at the commencement of this treaty. Former examples, and the late negotiations, sufficiently shew how difficult it is to find means to accomplish this work. I would not content myself with such as are speculative, or depend on treaties only: I insisted on what was solid, and to have at hand the power of executing what should be agreed.
"I can therefore now tell you, that France at last is brought to offer, that the Duke of Anjou shall, for himself and his descendants, renounce for ever all claim to the crown of France; and that this important article may be exposed to no hazard, the performance is to accompany the promise.
"At the same time the succession to the crown of France is to be declared, after the death of the present dauphin and his sons, to be in the Duke of Berry and his sons, in the Duke of Orleans and his sons, and so on to the rest of the House of Bourbon.
"As to Spain and the Indies, the succession to those dominions, after the Duke of Anjou and his children, is to descend to such prince as shall be agreed upon at the treaty, for ever excluding the rest of the House of Bourbon.
"For confirming the renunciations and settlements before mentioned, it is further offered, that they should be ratified in the most strong and solemn manner, both in France and Spain; and that those kingdoms, as well as all the other powers engaged in the present war, shall be guarantees to the same.
"The nature of this proposal is such, that it executes itself: the interest of Spain is to support it; and in France, the persons to whom that succession is to belong, will be ready and powerful enough to vindicate their own right.
"France and Spain are now more effectually divided than ever. And thus, by the blessing of God, will a real balance of power be fixed in Europe, and remain liable to as few accidents as human affairs can be exempted from.
"A treaty of commerce between these kingdoms and France has been entered upon; but the excessive duties laid on some goods, and the prohibitions of others, make it impossible to finish this work so soon as were to be desired. Care is however taken to establish a method of settling this matter; and in the mean time provision is made, that the same privileges and advantages, as shall be granted to any other nation by France, shall be granted in like manner to us.
"The division of the Island of St. Christopher, between us and the French, having been the cause of great inconveniency and damage to my subjects, I have demanded to have an absolute cession made to me of that whole island, and France agrees to this demand.
"Our interest is so deeply concerned in the trade of North America, that I have used my utmost endeavours to adjust that article in the most beneficial manner. France consents to restore to us the whole Bay and Straits of Hudson, to deliver up the Island of Newfoundland, with Placentia; and to make an absolute cession of Annapolis, with the rest of Nova Scotia, or Acadie.
"The safety of our home trade will be better provided for, by the demolition of Dunkirk.
"Our Mediterranean trade, and the British interest and influence in those parts, will be secured by the possession of Gibraltar and Port Mahon, with the whole island of Minorca, which are offered to remain in my hands.
"The trade to Spain and to the West Indies may in general be settled, as it was in the time of the late King of Spain, Charles the Second; and a particular provision be made, that all advantages, rights, or privileges, which have been granted, or which may hereafter be granted, by Spain to any other nation, shall be in like manner granted to the subjects of Great Britain.
"But the part which we have borne in the prosecution of this war, entitling us to some distinction in the terms of peace, I have insisted, and obtained, that the Assiento, or contract for furnishing the Spanish West Indies with negroes, shall be made with us for the term of thirty years, in the same manner as it has been enjoyed by the French for ten years past.
"I have not taken upon me to determine the interests of our confederates; these must be adjusted in the congress at Utrecht, where my best endeavours shall be employed, as they have hitherto constantly been, to procure to every one of them all just and reasonable satisfaction. In the mean time, I think it proper to acquaint you, that France offers to make the Rhine the barrier of the empire; to yield Brissac, the fort of Kehl, and Landau, and to raze all the fortresses, both on the other side of the Rhine, and in that river.
"As to the Protestant interest in Germany, there will be on the part of France no objection to the resettling thereof, on the foot of the treaty of Westphalia.
"The Spanish Low Countries may go to his Imperial Majesty: the kingdoms of Naples and Sardinia, the duchy of Milan, and the places belonging to Spain on the coast of Tuscany, may likewise be yielded by the treaty of peace to the Emperor.
"As to the kingdom of Sicily, though there remains no dispute concerning the cession of it by the Duke of Anjou, yet the disposition thereof is not yet determined.
"The interests of the States General, with respect to commerce, are agreed to, as they have been demanded by their own ministers, with the exception only of some very few species of merchandise; and the entire barrier, as demanded by the States in one thousand seven hundred and nine from France, except two or three places at most.
"As to these exceptions, several expedients are proposed; and I make no doubt but this barrier may be so settled, as to render that republic perfectly secure against any enterprise on the part of France; which is the foundation of all my engagements upon this head with the States.
"The demands of Portugal depending on the disposition of Spain, and that article having been long in dispute, it has not been yet possible to make any considerable progress therein; but my plenipotentiaries will now have an opportunity to assist that king in his pretensions.
"Those of the King of Prussia are such as, I hope, will admit of little difficulty on the part of France; and my utmost endeavours shall not be wanting to procure all I am able to so good an ally.
"The difference between the barrier demanded for the Duke of Savoy in one thousand seven hundred and nine, and the offers now made by France, is very inconsiderable: but that prince having so signally distinguished himself in the service of the common cause, I am endeavouring to procure for him still farther advantages.
"France has consented, that the Elector Palatine shall continue his present rank among the electors, and remain in possession of the Upper Palatinate.
"The electoral dignity is likewise acknowledged in the House of Hanover, according to the article inserted at that prince's desire in my demands.
"And as to the rest of the allies, I make no doubt of being able to secure their several interests.