20 September 1697 · Caribbean
Louis XIV and William III trade an island neither of them had seen
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Louis XIV of France and William III of England closed their war in 1697 by exchanging territory neither of them had ever seen. The Treaty of Ryswick was a general settlement covering Europe, North America and the Caribbean, and among its terms Spain gave up the western third of Hispaniola to France. Spain had held nominal title to the whole island for two centuries and had governed the western end of it hardly at all, its own settlers having withdrawn eastward long before. France received the piece that turned out to matter. Over the following century Saint-Domingue produced revenue on a scale that is hard to state without sounding careless. By the 1780s the colony was worth more to France, in trade and customs receipts, than the thirteen British colonies of North America were worth to Britain. One third of one Caribbean island out-earned the eastern seaboard of a continent. That is the wealth the enslaved population created, and it is the wealth they carried out of the empire with them.