silver, and by leaving him the Fancy, still loaded with 50 tons of elephant tusks and 100 barrels of gunpowder. Following peace with France in 1697, many of the privateers became pirates. From this time the pirates increasingly made Nassau, the Bahamian capital founded in 1694, their base. The governors appointed by the Proprietors usually made a show of suppressing the pirates, but most were accused of dealing with them. By 1701 England was at war with France and Spain. In 1703 and in 1706 combined French-Spanish fleets attacked and sacked Nassau, after which some settlers left, and the Proprietors gave up on trying to govern the islands. With no functioning government in the Bahamas, English privateers operated from Nassau as their base, in what has been called a "privateers' republic," which lasted for eleven years. The raiders attacked French and Spanish ships, while French and Spanish forces burned Nassau several times. The War of the Spanish Succession ended in 1714, but some privateers were slow to get the news, or reluctant to accept it, and slipped into piracy. One estimate puts at least 1,000 pirates in the Bahamas in 1713, outnumbering the 200 families of more permanent settlers. The "privateers' republic" in Nassau became a "pirates' republic". At least 20 pirate captains used Nassau or other places in the Bahamas as a home port during this period, including Henry Jennings, Edward Teach (Blackbeard), Benjamin Hornigold and Stede Bonnet. Many settler families moved from New Providence to Eleuthera or Abaco to escape harassment from the pirates. On the other hand, residents of Harbor Island were happy to serve as middlemen for the pirates, as merchants from New England and Virginia came there to exchange needed supplies for pirate plunder. Piracy provoked frequent and brutal but ineffective retaliatory attacks by the French and Spanish. Reasserting British control Starting in 1713, Woodes Rogers had conceived the idea of leading an expedition to Madagascar to suppress the pirates there and establish it as a British colony. Rogers' friends Richard Steele and Joseph Addison eventually convinced him to tackle the pirates nest in the Bahamas, instead. Rogers and others formed a company to fund the venture. They persuaded the Proprietors of Carolina to surrender the government of the Bahamas to the king, while retaining title to the land. In 1717 King George appointed Rogers governor of the Bahamas and issued a proclamation granting a