| has gloss | eng: The Treaty of Compiègne of 10 June 1624 was a peace treaty between France and The Netherlands. It allowed France to subsidize the Dutch war effort against Spain in the Dutch War of Independence (1568–1648) after the end of the Twelve Years' Truce. France offered an immediate loan of 480,000 thalers, to be followed by more instalments over a period of three years in which the Dutch would continue the fight against Spain. This move was part of the general effort of France to undermine the Habsburg Empire. It led to the revival of a Franco-Dutch alliance which had been enfeebled since the execution of Oldenbarnevelt in 1619. The treaty was masterminded by Richelieu in order to prevent a Habsburg revival. A definite agreement on cooperation on the high seas was not found however, but it was agreed that France would provide a loan to be repaid once the Netherlands had a truce or peace with Spain, and that if the French king was to go to war the Dutch should return half of the money to him or help him with men and ships. |
