The affairs of the Company were in a very unfortunate condition for fifteen years after the Treaty of Ryswick. The Treaty took place in the very year of D'Iberville's remarkable victories in the Bay. That each nation should hold that of which it was in actual possession meant that of the seven Hudson's Bay Company forts, only Fort Albany was left to the Company. The Company began to petition at once for the appointment of the Commissioners provided by the Treaty, to settle the matter in dispute. The desperate condition of their affairs accounts for the memorials presented to the British Government by the Company in 1700 and in the succeeding year, by which they expressed themselves as satisfied to give the French the southern portion of the Bay from Rupert's River on the east and Albany Fort on the west. About the time of the second of these proposals the Hudson's Bay Company sent to the British Government another petition of a very different tone, stating their perilous condition, arising from their not receiving one-fifth of the usual quantity of furs, even from Fort Albany, which made their year's trade an absolute loss; they propose that an expedition of "three men-of-war, one bomb-vessel, and 250 soldiers" should be sent to dislodge the French and to regain the whole Bay for them, as being the original owners. No steps on the part of the Ryswick Commissioners seem to have been taken toward settling the question of boundaries in Hudson Bay. The great Marlborough victories, however, crushed the power of France, and when Louis XIV. next negotiated with the allies at Utrecht--"The Ferry of the Rhine"--in 1713, the English case was in a very different form from what it had been at the Treaty of Ryswick. Two years before the Treaty, when it was evident that the war would be brought to an end, the Hudson's Bay Company plucked up courage and petitioned strongly to be allowed the use of the whole of Hudson Bay, and to have their losses on the Bay repaid by France. Several times during the war had France sued for peace at the hands of the allies, but the request had been refused. To humble France seemed to be the fixed policy of all her neighbours. At the end of the war, in which France was simply able to hold what she could defend by her fortresses, the great kingdom of Louis XIV. found itself "miserably exhausted, her revenue greatly fallen off, her currency depreciated thirty per cent., the choicest of her nobles drafted into the army, and her merchants and industrious artisans weighed down to the ground by heavy imposts." This was England's opportunity, and she profited by it. Besides "the balance of power" in Europe being preserved, Great Britain received Nova Scotia, Newfoundland, certain West India Islands, and the undisturbed control of the Iroquois.