chapter 3 - the finances of the crown and attempts at reform Flashcards
Robert Cecil
1608 - book of rates
1610 - great contract
major reform of crowns finances
parliament dissolves in 1611
peace with Spain
1604
treaty of London
made peace with spain
reduced crown expenditure significantly
extravagance and patronage
crucial to political system
England seen as a land of plenty
1621 - ante supper , £3300
concern of Scottish
lionel cranfield
after 1611
took control of crowns finances
led to savings
not a permanent solution
monopolies
production and sale of finished cloth granted to William cockayne
scheme failed
dutch refused to buy
1621 - over 100
1624 - limit
outside James’ control
bad harvests
1623 and 1624
change in economy - price of goods rose
Elizabeth did not reform crown finances
war with Spain
relations with parliament
given tonnage and poundage for a year instead of life
took it after the year
restrict crown spending
by the time Charles came to the thrown in 1625 parliament keen to restrict crown spending
forced loan
equivalent of 3 parliamentary subsidies
ensured those liable paid up
summoned to public meetings where they were forced to pay