He began first by commercial concessions of the kind generally acceptable to the English, forbidding French shipping to trade to the South Seas under penalty of death, and lowering the duties on the importation of English coal.
England at first received these advances warily; but the regent would not be discouraged, and offered, further, to compel the Pretender, James III., to withdraw beyond the Alps.

He also undertook to fill up the port at Mardyck, a new excavation by which the French government was trying to indemnify itself for the loss of Dunkirk.

These concessions, all of which but one, it will be noted, were at the expense of the sea power or commercial interests of France, induced England to sign a treaty by which the two countries mutually guaranteed the execution of the treaties of Utrecht as far as their respective interests were concerned; especially the clause by which the House of Orleans was to succeed to the French throne, if Louis XV.
died childless.

The Protestant succession in England was likewise guaranteed.

Holland, exhausted by the war, was unwilling to enter upon new engagements, but was at last brought over to this by the remission of certain dues on her merchandise entering France.