Franz Joseph I becomes Emperor of Austria.
Franz Joseph I or Francis Joseph I (German: Franz Joseph Karl, Hungarian: Ferenc József Károly, Slovene: Franc Jožef Karel, Croatian: Franjo Josip Karlo, Czech: František Josef Karel, Romanian: Francisc Iosif Carol, 18 August 1830 – 21 November 1916) was Emperor of Austria, King of Hungary, and the other states of the Austro-Hungarian Empire from 2 December 1848 until his death. From 1 May 1850 to 24 August 1866 he was also President of the German Confederation. He was the longest-reigning ruler of the Austro-Hungarian Empire, as well as the longest-reigning emperor and sixth-longest-reigning monarch of any country in history.In December 1848, Franz Joseph's uncle Emperor Ferdinand abdicated the throne at Olomouc, as part of Minister President Felix zu Schwarzenberg's plan to end the Revolutions of 1848 in Hungary. Franz Joseph then acceded to the throne. Largely considered to be a reactionary, he spent his early reign resisting constitutionalism in his domains. The Austrian Empire was forced to cede its influence over Tuscany and most of its claim to Lombardy–Venetia to the Kingdom of Sardinia, following the Second Italian War of Independence in 1859 and the Third Italian War of Independence in 1866. Although Franz Joseph ceded no territory to the Kingdom of Prussia after the Austrian defeat in the Austro-Prussian War, the Peace of Prague (23 August 1866) settled the German Question in favour of Prussia, which prevented the unification of Germany from occurring under the House of Habsburg.Franz Joseph was troubled by nationalism during his entire reign. He concluded the Austro-Hungarian Compromise of 1867, which granted greater autonomy to Hungary and transformed the Austrian Empire into the Dual Monarchy of Austria-Hungary. He ruled peacefully for the next 45 years, but personally suffered the tragedies of the execution of his brother Emperor Maximilian I of Mexico in 1867, the suicide of his son Crown Prince Rudolf in 1889, the assassination of his wife Empress Elisabeth ("Sisi") in 1898, and the assassination of his nephew and heir-presumptive, Archduke Franz Ferdinand, in 1914. After the Austro-Prussian War, Austria-Hungary turned its attention to the Balkans, which was a hotspot of international tension because of conflicting interests of Austria with not only the Ottoman but also the Russian Empire. The Bosnian Crisis was a result of Franz Joseph's annexation in 1908 of Bosnia and Herzegovina, which had already been occupied by his troops since the Congress of Berlin (1878). On 28 June 1914, the assassination of his nephew Franz Ferdinand in Sarajevo resulted in Austria-Hungary's declaration of war against the Kingdom of Serbia, which was an ally of the Russian Empire. That activated a system of alliances declaring war on each other, which resulted in World War I. The Emperor died in 1916, after ruling his domains for almost 68 years. He was succeeded by his grandnephew Charles I & IV.