Personal rule - Finance Flashcards
What two treaties did Charles sign to reduce expenditure?
- ) Treaty of Susa
2. ) Treaty of Madrid
Who was Charles’ chancellor of the exchequer?
Francis. Lord Cottingham
Who was Lord treasurer from 1628 - 35?
Richard Weston, 1st Earl of Portland
What percentage of his ordinary income was Charles household expenditure in 1628?
40%
What was the measures used for the measures used to raise finance during the Personal Rule?
Fiscal Feudalism
By 1635, what was happening for the first time in decades?
Income outstripped expenditure
What was reissued in 1635 to increase custom duties?
Book of Rates
How much did the monopoly on “Popish soap” earn?
£33,000
Give an example of fines imposed by Charles:
- ) Recusancy fines
- ) Forest fines
- ) Enclosure fines
- ) Building fines
What was it called where the crown could administer lands of anyone under age of 21?
Wardship
How much had been raised by distraint of knighthood by 1635?
£175,000
What was the name of Charles’ attorney general who came up with many of the sources of prerogative income?
William Noy
When did Charles attempt to raise ship money but fail?
1628
When did Charles first raise ship money from both in land and coastal counties?
1635
How much did ship money raise?
£300,000 p.a.
