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THE campaigns of 1794-5 were, in all their results, and in most of their details, favourable to the French. The conquest of Holland was completed early in the year 1795, although the remnant of the British army did not evacuate the territory of the states until April. The Duke of York had been removed from the command in December.

The King of Prussia made a treaty of peace with the French Republic early in the year. Spain, and the military principality of Hesse, concluded similar treaties during the summer. The Emperor remained firm in alliance with Great Britain, on condition of a loan of four millions six hundred thousand pounds, for the purposes of the war, being guaranteed by the British Government. England also obtained a new ally in the Czarina, who undertook to furnish a small contingent of twelve thousand troops in exchange for the services of twelve ships of the line. This alliance was of little value, Catherine being at that time fully

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