Today In History
It was exceedingly generous to the American Colonies, prompting the French minister Charles Gravier, comte de Vergennes, to say that “The English buy peace rather than they make it.”
British forces would withdraw and the western border of the new country was set at the Mississippi and, as such, included what would become Nashville and Chicago (but not St. Paul or St. Louis, only just barely). Benjamin Franklin couldn’t get the English to cede what is now Quebec (for better or worse). America also got certain fishing rights around Newfoundland.
In exchange, the Americans agreed to honor private debts and stop seizing Loyalist property.
And the world was given the greatest gift: America.