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===Second Stadtholderless Period (1702β1747)=== {{Main| Second Stadtholderless Period}} [[File:Cornelis Troost - De inspecteurs van het Collegium Medicum - SA 7411 - Amsterdam Museum.jpg|thumb|The Inspectors of the Collegium Medicum in Amsterdam, by [[Cornelis Troost]], 1724. This period is known as the "Periwig Era".]] The ''Second Stadtholderless Period'' ({{Langx|nl|Tweede Stadhouderloze Tijdperk}}) is the designation in Dutch [[historiography]] of the period between the death of [[stadtholder]] [[William III of England|William III]] on 19 March<ref>This is the date from the [[Gregorian calendar]] that was followed at the time in the Dutch Republic; according to the [[Julian calendar]], still used in England at the time, the date of death was 8 March.</ref> 1702 and the appointment of [[William IV, Prince of Orange]] as stadtholder and captain general in all provinces of the [[Dutch Republic]] on 2 May 1747. During this period the office of stadtholder was left vacant in the provinces of [[Holland]], [[Zeeland]], and [[Utrecht (province)|Utrecht]], though in other provinces that office was filled by members of the House of Nassau-Dietz (later called Orange-Nassau) during various periods. During the period, the Republic lost its Great-Power status and its primacy in world trade, processes that went hand-in-hand, the latter causing the former. Though the economy declined considerably, causing deindustrialization and deurbanization in the maritime provinces, a ''rentier''-class kept accumulating a large capital fund that formed the basis for the leading position the Republic achieved in the international capital market. A military crisis at the end of the period caused the [[Orangist revolution]] and the restoration of the Stadtholderate in all provinces.
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