The young Republic of the Seven Islands (Ionian Islands) was recognized by France: and the fisheries on the coasts of Newfoundland and the adjacent isles were placed on their former footing, subject to "such arrangements as shall appear just and reciprocally useful." It was remarked as significant of the new docility of George III., that the empty title of "King of France," which he and his predecessors had affected, was now formally resigned, and the _fleurs de lys_ ceased to appear on the royal arms.
Thus, with three exceptions, Great Britain had given way on every point of importance since the first declaration of her claims; the three exceptions were Trinidad and Ceylon, which she gained from the allies of France; and Egypt, the recovery of which from the French was already achieved, though it was unknown at London.

On every detail but these Bonaparte had gained a signal diplomatic success.

His skill and tenacity bade fair to recover for France, Martinique, Tobago, and Santa Lucia, then in British hands, as well as the French stations in India.

The only British gains, after nine years of warfare, fruitful in naval triumphs, but entailing an addition of L290,000,000 to the National Debt, were the islands of Trinidad and the Dutch possessions in Ceylon.

And yet in the six months spent in negotiations the general course of events had been favourable to the northern Power.