Henry VII - Dealing with the Nobility Flashcards
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What were the main sources of royal income?
- Crown lands - Profits from feudal dues and royal prerogative - Customs revenue - Pensions from other powers - Profits of justice - Extraordinary revenue
How did Francis Bacon’s ‘History of the Reign of Henry VII’ present Henry and his finances?
- It presented Henry VII as a miserly king who begrudged throwing money away like many other contemporary rulers, transforming finances to leave a large amount of money to his son
What was the revenue from Crown Lands at the start of Henry’s reign, how did this change at the end of his reign?
- Start - £12,000 - End £42,000
How does Christine Carpenter regard Henry’s income from Crown lands?
- impressive - this is significant as Carpenter is very critical of many aspects of Henry’s Kingship
Why did Crown revenue drop at the start of Henry’s reign?
- they dropped because lands were collected and administered through the inefficient Court of Exchequer - perhaps shows that Henry was inexperienced in finance
What did Henry decide to do in 1492 regarding finances?
- reverted the Edward’s system of administration through the chamber
What was Edward’s system of administration that Henry reverted to?
- finances were dealt with through the royal household rather than through an administrative department - this allowed Henry to have effective treasurers of the Chamber, such as Sir Thomas Lovell and Sir John Heron
What 3 problems did Henry face when taking the throne?
- nobles had too much power - made them a threat - crown had an uneven distribution over the kingdom (limited control in the north) - the crown had poor finances after the wars of the roses
What role did the surveyor of the King’s wards have?
- investigate money owed to Henry VII from wardship
What was the Court of Order?
- this was a place to measure government spending
Why did the nobles prove a problem for Henry and what measure did he take overall against them?
- they had too much power and influence - instead of rewarding the nobles to ensure loyalty, Henry decided to force them to support him by showing them the unwelcome consequences of opposition
Why was nobles having money a problem?
- they had small private armies (mercenaries) - could generate their own income from rent and leases
What three factors did the nobility depend on for independence?
- land - wealth - support - Henry directly attacked all three of these through his financial policy
What were attainders?
- these were special laws passed by parliament that allowed someone to be declared guilty of treason without trial - these would take away finances and titles from the person in question, leaving them in no position of power or authority