After the demise of the English Commonwealth and the English Restoration in 1660, (and the further Act of Settlement 1662 and its Act of Explanation 1665), the economy of Galway recovered somewhat. In the next crisis, centred on the deposition of the Catholic King James II, in 1689, Galway supported the Jacobite side. It surrendered without a siege under the Articles of Galway of 1691 after the annihilation of the main Jacobite army at the nearby battle of Aughrim. Thereafter, the city became an economic backwater, and the capital of its old great families were spent overseas. It took about 300 years for the city to regain its former status.