Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
Monarchy of the Netherlands of Nassau-Dillenburg, Stadtholder of Utrecht, was the direct male line ancestor of the later Stadtholders of Friesland and Groningen, the later hereditary stadtholders and the first King of the Netherlands. The Netherlands remained, formally, a confederated republic, even when in 1747 the office of stadtholder was centralized (one stadtholder for all provinces) and became formally hereditary under the House of Orange-Nassau. The present monarchy was founded in 1813, when the French were driven out. The new regime was headed by Prince William Frederick of Orange, the son of the last stadtholder. He originally reigned over only the territory of the