The Caps ( sv, mössorna) were a political faction during the Age of Liberty (1719–1772) in Sweden. The primary rivals of the Caps were known as the

Hats A hat is a head covering which is worn for various reasons, including protection against weather conditions, ceremonial reasons such as university graduation, religious reasons, safety, or as a fashion accessory. Hats which incorporate mecha ...

. The Hats are actually responsible for the Caps' name, as it comes from a contraction of Night-cap, a name used to suggest that the Caps were the soft and timid party. The Caps represented mostly peasants and clergymen.

Policy

The foremost representative of the Age of Liberty, ''de facto'' leader of government and of the Caps from 1719 to 1738 was the Chancery President, Count Arvid Horn. Horn reversed the traditional policy of

and Sweden by keeping the

Kingdom of France The Kingdom of France ( fro, Reaume de France; frm, Royaulme de France; french: link=yes, Royaume de France) is the historiographical name or umbrella term given to various political entities of France in the medieval and early modern period ...

at a distance and drawing near to

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. Thus a twenty years' war was succeeded by a twenty years' peace, during which the nation recovered so rapidly from its wounds that it began to forget them. The Riksdag of 1738 was to mark a turning-point in Swedish history, the Hats carried everything before them, and the aged Horn was finally compelled to retire from a scene where, for thirty-three years, he had played a leading part. For the next twenty five years the Hats did dominate government, with disastrous results where the country was plunged into two costly and ill-advised wars. At the Riksdag in 1765 the Caps returned to government and they struck at once at the weak point of their opponents by ordering a budget report to be made, and it was speedily found that the whole financial system of the Hats had been based upon reckless imprudence and the wilful misrepresentation and that the only fruit of their long rule was an enormous addition to the national debt and a depreciation of the note circulation to one third of its face value. This revelation led to an all-round retrenchment, carried into effect with a drastic thoroughness which has earned for this parliament the name of the "