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Chapter 23: Ideologies and Upheavals, 1815-1850 The peace settlement By 1814, the conservative monarchs had defeated French armies and checked the spread of the French Revolution--but many questions remained unanswered.. The European balance of power The victors (mainly the alliance of Russia, Austria, Prussia, and Great Britain) restored the French boundaries of 1792 and the Bourbon dynasty. They made other changes in the boundaries of Europe, establishing Prussia as a "sentinel" against France, and created a new kingdom out of Belgium and Holland. It was believed that the concept of the balance of power--an international equilibrium of political and military forces--would preserve peace in Europe.