C6: Finances Flashcards
When was the act of resumption
1486
What happened in 1486?
Act of Resumption
What was the impact of the act of resumption
Allowed Henry to greatly increase crown lands, 5 times larger by the end of Henry’s reign than in the 1450s
What allowed Henry to make crown lands 5 times larger in comparison to in the 1450s
1486, act of resumption
How much were crown lands worth a year under Edward IV?
£15,000
Under which king were crown lands worth £15,000 a year?
Edward IV
How much did crown lands cost under Henry a year?
£3,000 a year in the early part of his reign
What did the act of Parliament in 1495 agree?
Gave Henry all the land that had belonged to Richard III
When did Henry get all the land that was owned by Richard III
Act of Parliament in 1495
How many were attained during the reign of Henry
183
How many of those who were attained were reversed?
46
In what year were feudal obligations made under £350 per year
1487
In 1487, how much were feudal obligations per year?
£350
In what year were feudal obligations worth £1,500
1494
In 1494, how much were feudal obligations per year?
£1,500
In what year were feudal obligations worth £6,000
1507
In 1507, how much were feudal obligations per year?
Over £6,000
In what year did Robert Willoughby De Broke pay £400 for his livery of lands (recovery from ward ship)
1502
In 1502, who payed £400 for his livery of lands (recovery from ward ship)
Robert Willoughby de Broke
In 1502 how much did Robert Willoughby De Broke pay for his livery of lands (recovery from ward ship)
£400
When did the friends of Marquis of Dorset sign bonds totalling £10,000 as a promise of good behaviour?
1491
How much did the the Friends of the Marquis of Dorset pay for signing a bond to maintain good behaviour in 1491
£10,000
Who in 1491, signed a bond of £10,000 to maintain good behaviour
Friends of the Marquis of Dorset
How much were custom duties with during the reign of Edward IV
£70,000
During what king were custom duties worth £70,000
Edward IV
How much were custom duties under Henry VI
£30,000
Under which king were custom duties worth £30,000
Henry VI
Why were custom duties reduced under Henry VI
Decline in wool exports
How much were custom duties under Henry?
£40,000
When was the book of rates made?
1507
What was made in 1507
Book of rates
What did the book of rates take into account
Inflation
What took into account inflation
1507: book of rates
When were parliamentary grants allowed
Allowed by Parliament when national interest was at threat
What would be allowed by Parliament when national interests was in threat?
Parliamentary grant
When were parliamentary grants requested
1487 (battle of stokes)
1489 (French war)
1496 (Against the costs and Warbecks)
What happened in 1487, 1489, 1496?
Parliamentary grants requested
How much were parliamentary grants usually?
£30,000
How much were the loans that Henry received?
£203,000
How did Henry get £203,000?
Loans
Did Henry pay back the loan of £203,000
Appears so
What happened in 1491
Henry got a benevolence (forced loan) of £48,500 to take his army to France
In what year did Henry got a benevolence (forced loan) of £48,500 to take his army to France
1491
What happened in 1489?
Convocations (Archdioceses of Canterbury and York) voted £25,000 towards the cost of the French war
What was a benevolence
Forced loan
In what year did Convocations (Archdioceses of Canterbury and York) voted £25,000 towards the cost of the French war
1489
How much did Henry make from vacant Bishoprics?
£6,000 a year
How did Henry make £6,000 a year
Vacant Bishoprics
What was a vacant bishopric
Bishop died so Henry looked after land and took the money
When was Prince Arthur knighted
1504
What happened in 1504?
Knighting of Prince Arthur
How much was levied from nobles for the knighting of Prince Arthur?
£30,000
Why did Henry levie £30,000 from nobles?
Knighting of Prince Arthur
Who was on the council learned in law?
Empson and Dudley
What were Empson and Dudley in
Council learned in law
What did the council learned in the law do
Used old laws to extort money from nobles which caused great anger
Who accused Thomas Sunif of murdering a child?
Dudley
Who was accused of murdering a child?
Thomas Sunif
What was the impact of accusing Thomas Sunif of murdering a child?
Broke a bond
What was the charge for Thomas Sunif accusation
£500
What happened to Sunif after refusing to pay the £500 fine?
Went to prison, rigged jury, found guilty of a crime he didn’t commit so he had to pay
