Financial Problems During Personal Rule Flashcards
Why was it crucial for Charles to have enough money?
He would have to then call parliament back
How high was Charles’ debt by the period of personal rule?
£2 million
What was Charles’ two pronged approach to paying off his debt
Spending less and raising more
How did peace with Spain and France help Charles?
It meant that he was not spending huge amounts on soldiers and equipment.
What were 2 other ways Charles reduced spending:
Pick any 2 from:
- Did not always pay interest on loans
- Unlike his father, he did not give out lavish gifts to his courtiers
- There were regular investigations into spending in the royal household to reduce waste
When was the new ‘Book of Rates’ published?
1635
What did the new ‘Book of Rates’ include?
Customer duties
Who decided to revive old laws?
Charles’ Attorney-General
What are some examples of laws that were revived?
Pick any from:
- Forest Laws
- Distraint of Knighthood
- Laws against building outside the boundaries of London
