Decline
- Long-term rivalry between the two main factions in Dutch society, the Staatsgezinden (Republicans) and the Prinsgezinden (Royalists or Orangists), sapped the strength and unity of the country. Johan de Witt and the Republicans did reign supreme for a time at the middle of the 17th century (the First Stadtholderless Period) until his overthrow and murder in 1672. Subsequently, William III of Orange became stadtholder. After a stadtholderless era of 22 years, the Orangists regained power, and his first problem was to survive the Franco-Dutch War (which was related to the Third Anglo-Dutch war), when France, England, Münster and Cologne united against this country.
- Wars to contain the expansionist policies of France in various coalitions after the Glorious Revolution, mostly including England, burdened the republic with huge debts, although little of the fighting after 1673 took place on its own territory. The necessity to maintain a vast army against France meant that less money could be spent on the navy, weakening the Republic's power against England. After William III's death in 1702 the Second Stadtholderless Period was inaugurated. The end of the War of Spanish Succession in 1713 marked the end of the republic as a major military power.
- Fierce competition for trade and colonies, especially from England, furthered the economic downturn of the country. The three Anglo-Dutch Wars and the rise of mercantilism had a negative effect on Dutch shipping and commerce.
- The establishment of the Bank of England, at a time when the Dutch were fighting against the French on Dutch soil, meant that money could be borrowed from London at lower interest rates, and at greater reliability and protection. Gradually, London displaced Amsterdam as the leading European financial center.
Read more about this topic: Dutch Republic
Famous quotes containing the word decline:
“I heard a Californian student in Heidelberg say, in one of his calmest moods, that he would rather decline two drinks than one German adjective.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“My opposition [to interviews] lies in the fact that offhand answers have little value or grace of expression, and that such oral give and take helps to perpetuate the decline of the English language.”
—James Thurber (1894–1961)
“Families suffered badly under industrialization, but they survived, and the lives of men, women, and children improved. Children, once marginal and exploited figures, have moved to a position of greater protection and respect,... The historic decline in the overall death rates for children is an astonishing social fact, notwithstanding the disgraceful infant mortality figures for the poor and minorities. Like the decline in death from childbirth for women, this is a stunning achievement.”
—Joseph Featherstone (20th century)