The Habsburg influence, however, remained paramount in Austria, in the Holy Roman Empire, in Italy, and in the Belgian Netherlands. It was against this predominance that the Bourbons were to direct their dynastic policies throughout the greater part of the eighteenth century. The peace of Utrecht likewise marked the rise of English power upon the seas and the gradual elimination of France as a successful competitor in the race for colonial mastery. Two states also came into prominence upon the continent of Europe--Prussia and Savoy--about which the new German Empire and the unified Italian Kingdom were respectively to be builded. [Sidenote: Last Years of the Grand Monarch] While France was shorn of none of her European conquests, nevertheless the War of the Spanish Succession was exceedingly disastrous for that country. In its wake came famine and pestilence, excessive imposts and taxes, official debasement of the currency, and bankruptcy--a long line of social and economic disorders. Louis XIV survived the treaty of Utrecht but two years, and to such depths had his prestige and glory fallen among his own people, that his corpse, as it passed along the royal road to the stately tombs of the French kings at St. Denis, "was saluted by the curses of a noisy crowd sitting in the wine-rooms, celebrating his death by drinking more than their fill as a compensation for having suffered too much from hunger during his lifetime. Such was the coarse but true epitaph which popular opinion accorded to the Grand Monarch." [Sidenote: Misgovernment of France during Minority of Louis XV] Nor had the immediate future much better things in store for exhausted France. The successor upon the absolutist throne was Louis XV, great- grandson of Louis XIV and a boy of five years of age, who did not undertake to exercise personal power until near the middle of the eighteenth century. In the meantime the country was governed for about eight years by the king's uncle, the duke of Orleans, and then for twenty years by Cardinal Fleury. [Sidenote: John Law]