England and an alliance of mostly Protestant countries have just finished fighting a quarter-century-long world war against France. The second half of it, known as the War of the Spanish Succession, has seen many battlefield victories for the Allies under the generalship of two brothers in arms: the Duke of Marlborough and Prince Eugene of Savoy. Nevertheless France has won the war, in large part by outmaneuvering her opponents politically. Consequently, a grandson of Louis XIV now sits on the throne of the Spanish Empire, which among other things is the source of most of the world’s gold and silver. If the English Jacobites succeed in placing James Stuart on the English throne, France’s victory will be total.