The stalemate had really been reached by…
1763 CE
The materials of both sides have been largely consumed.
Frederick is no longer receiving subsidies from Britain; the Golden Cavalry of St. George has produced nearly thirteen million dollars (equivalent).
He has melted and coined most of the church silver, has ransacked the palaces of his kingdom and coined that silver, and reduced his purchasing power by mixing it with copper.
His banks' capital is exhausted, and he has pawned nearly everything of value from his own estate.
While Frederick still has a significant amount of money left from the prior British subsidies, he hopes to use it to restore his kingdom's prosperity in peacetime; in any case, Prussia's population is so depleted that he cannot sustain another long campaign.
Similarly, Marie Theresa has reached the limit of her resources.
She had pawned her jewels in 1758; in 1760, she had approved a public subscription for support and urged her public to bring their silver to the mint.
French subsidies are no longer provided.
Although she has many young men still to draft, she cannot conscript them and does not dare to resort to the impressment Frederick has done.
She has even dismissed some men because it is too expensive to feed them.
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