20 September – The Treaty of Ryswick is signed by France and the Grand Alliance to end both the Nine Years' War and King William's War. The conflict having been inconclusive, the treaty is proposed because the combatants have exhausted their national treasuries. Louis XIV recognises William III as King of England and Scotland, and both sides return territories they have taken in battle. In North America, the treaty returns Port Royal (Nova Scotia) to France. In practice, the treaty is little more than a truce; it does not resolve any of the fundamental colonial problems, and the peace lasts only five years