p.7 The 'Glorious Revolution' (as later English historians hailed the accession of the new monarchy), a product of the alliance of the bourgeoisie and the big landowners whose interests were in full agreement with the development of capitalism, overthrew James II (1685-1688), promoter of a conservative policy, and brought into power the protestant stadtholder of the Netherlands, William of Orange (1688-1702), during whose reign the constitutional monarchic institutions gained in strenght.