John Methuen (diplomat) the Treaty on 16 May 1703, a step of great significance in the War of the Spanish Succession. John, on his return from England, concluded a commercial treaty on 27 December 1703, opening Portugal to the English cloth trade in return for preferential rates of duty on the import of wine. How beneficial to either country the Treaty was in the long run has been debated; possibly its most important result was the development of the port wine trade, and it was later referred to humorously as "the Port-Wine Treaty". Methuen in later life increasingly suffered from gout and rheumatism;
Oregon Treaty Oregon Treaty The Oregon Treaty is a treaty between the United Kingdom and the United States that was signed on June 15, 1846, in Washington, D.C. Signed under the presidency of James K. Polk, the treaty brought an end to the Oregon boundary dispute by settling competing American and British claims to the Oregon Country; the area had been jointly occupied by both Britain and the U.S. since the Treaty of 1818. The Treaty of 1818 set the boundary between the United States and British North America along the 49th parallel of north latitude from Minnesota to the "Stony Mountains"