Henry VII Governing the Kingdom Flashcards
government and administration financial policy
Henry’s financial aims
re-organisation of financial administration
exploiting sources of ordinary revenue
increasing income from extra-ordinary revenue
what is ordinary revenue
King’s yearly pay
what is extra-ordinary revenue
non- yearly pay
what happened to Exchequer
became The Chamber
as there was corruption and unorganised- also slow
features of The Chamber
inside Privy Chamber
Henry inspected books- more control
signed every financial book
comparison of annual royal finances
Holy Roman Empire- £1,100,000
king of france- £800,000
Henry- £113,000
what was the Council Learned in Law
1495
Richard Epsom and Edmund Dudley
defended king’s position as feudal landlord
enforced payments of debt
ran without jury
corrupt? fraud?
Crown lands
ordinary revenue-
increased Lands by attainments- Act of Resumption 1486
138 attainders- 46returned
feudal dues
ordinary revenue
1487- under £300
1507 £6000 a year
1502- Robert Willoughby de Broke paid 400 livery for his lands
custom duties
ordinary revenue
unique to Henry
pay for English defences (Calais garrison)
import and exports of wool and wine
£40,000 per year- Henry increased by Book of Rates (new form of taxation) 1507- new rates took inflation into account
profits of justice
ordinary revenue
fees pay for royal’s writs and letters
used start court
fines levied by court
difficult to calculate as varied each year and in cash
parliamentary grants
extra-ordinary
to help king when national interest was threatened
1487- request pay Battle of Stoke
1489- go to war against French
1496- defence of Scots and Warbeck- amounts based out of date- estimates- usually 30,000 agreed
loans
extraordinary
from richer subjects in times of emergency
Henry repaid
£203,000 in reign
Benevolences
extraordinary
type forced loan no repayment
1491- Henry raised £48,500 for army to France
Clerical taxes
extraordinary
Above board’- Simony- selling of Church appointment
Vacant Bishoprics- death of a bishop-post kept vacant and king protects revenue in meantime1489- the convocations (meetings) (Archdioceses of Canterbury) votes £25,000 toward French war
Charged 300 for Archdeaconry of Buckingham =
if no bishop- not pay church taxation- £6,000