New Granada is a new viceroyalty carved out of Peru. The Pennsylvania colony receives a mass of German emigrants. John Law gains his monopoly on the vast Louisiana territory. A Triple alliance is signed between France, England and Holland. This forces James III the English pretender to flee France after intrigues with Prime Minster Alberoni of Spain.
School is compulsory in Prussia.
France gives Scotsman John Law s Compagnie des Indies a 25-year monopoly on trade and government in Louisiana on condition that he send out at least 6,000 whites and 3,000 blacks to settle the vast territory that includes the Illinois country. A superior council is created to govern the colony. It is composed of five members who were initially directors of the trading company. The only Spanish Mission in Louisiana is erected near Natchitoches, soon after the French establish Natchitoches. A fort is built four years later nearby as the Spanish are wary of French encroachment.