Henry VII - Sources of Royal Income Flashcards
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What was the Star Chamber?
- a court that was responsible for prosecuting anyone who behaved in a rebellious or lawless manner
When was the Star Chamber created?
- in the Star Chamber Act in 1487
Who sat on the Star Chamber?
- the King’s most favoured advisers
Why was did the King’s advisers sit on the Star Chamber?
- this meant that it was possible to haul even the greatest noblemen before it
What else was the Star Chamber used as?
- a court of appeal
Why is the Star Chamber’s importance debated?
- there are a shortage of records
What are the arguments on the importance of the Star Chamber?
- some argue that Henry made little use of it - the definite truth is that it became more organised and significant under Wolsey
What two committees were established in Henry’s reign to deal with royal finances?
- the Star Chamber - the Council Learned in Law
How did Henry change personally with his dealing of finances?
- at first, when he was less experienced, he left the finances to the control of the Exchequer and the Treasury - By 1487, he took more direct control
How did Henry take more direct control over finances in 1487?
- moved financial administration to his private rooms in the palace, the Chamber and the Privy Chamber - this, like under Edward IV, was the most important area for financial administration
What new post did Henry create to investigate money owed from wardships?
- Surveyor of the King’s Wards
What did Henry create to monitor government spending?
- the Court of Audit
Why did Henry avoid an aggressive foreign policy?
- because this was the mistake of past kings financially and was expensive
What did contemporary writer Polydore Vergil write about people under Henry VII?
- ‘considered they were suffering not on an account of their own sins, but on account of the greed of their monarch’ - this established Henry’s reputation for being a greedy king
What are the two arguments on Henry’s methods of gathering finances?
- some argue that he was a miser, obsessed with hoarding money from every source he could find - others argue that Henry’s methods were normal, but just extremely effectively carried out
When did Henry appear to become more obsessed with his finances?
- after the death of his son and wife in the early 1500s
Why do people think that Henry became so obsessed with finances in the last years of his reign?
- his succession was not completely secure, so he wanted to ensure the Tudor dynasty was recognised as a prosperous and affluent time
How did Henry’s finances compare to other Kings in Europe at the time?
- he was nowhere near as affluent (with £113,000) as other kings - for example, the King of France had £800,000
What were Crown Lands and how did Henry increase these?
- Henry inherited all the lands held by the Houses of York and Lancaster, the Earldoms of Richmond and Warwick the Duchy of Lancaster and the Principality of Wales - Henry increased these through attainders and escheats
How did Henry VII develop Edward IV’s use of Crown Lands?
- Edward IV had improved the administration of Crown lands by introducing techniques of estate management - Reginald Bray developed these further and applied them to other lands
How did Henry’s use of Crown lands differ to Edward IV?
- he was more reluctant to grant lands to family and friends than Edward - he instead held onto them to maximise his influence and his income from leases and rents