text: **Conclusion of peace**
  
  As a result of the fresh British perspective on the European balance of power, Anglo- 
  French talks began, culminating in the 1713 Peace of Utrecht between Louis, Philip V of 
  Spain, Anne of Great Britain, and the Dutch Republic. In 1714, after losing Landau and 
  Freiburg, the Holy Roman Emperor also made peace with France in the Treaties of Rastatt 
  and Baden. 
  
  In the general settlement, Philip V retained Spain and its colonies, while Austria received 
  the Spanish Netherlands and divided Spanish Italy with Savoy. Britain kept Gibraltar and 
  Menorca. Louis agreed to withdraw his support for James Stuart, son of James II and 
  pretender to the thrones of Great Britain and Ireland, and ceded Newfoundland, Rupert's 
  Land, and Acadia in the Americas to Anne. Britain gained the most from the treaty, but the 
  final terms were much more favourable to France than those being discussed in peace 
  
  Map of France after the death of 
  Louis XIV 