On 25 March 1815, the Duke of Wellington defeated Napoleon's army at the Battle of Waterloo. In early 1820, King George IV approved the development of a formal square as a war memorial to commemorate British victories in the Napoleonic wars, particularly those of Lord Nelson at Cape Trafalgar. The square originally had a statue of George IV, but this was so poorly received that the statue was eventually replaced by a statue of Lord Nelson. It is because of this statue that the square became known as Trafalgar Square.