Policies Flashcards
How much money did Henry leave at the end of his reign?
£300,000 gold
£10,000 cash
Legal system
What is bonds and recognises
Landowners paid for loyalty
Owed money if broke
Extraordinary revenue
•money under special circumstances
•raised £400,000. Taxes raised
•triggered Yorkshire and northern rebellion
-1504 promised to not do this again
Crown lands
•land is biggest source of money
•under court of Exchequer (public finances) £12,000
•back under gov £42,000
Feudal Dues
(4)
- Women marry
- Male knighted
- Tenants keep paying if landlord dies
- Wardship - crown inherited property of underage
Feudal dues
What is Wardship?
Wardship - crown inherited property of underage
The legal system
Targeted wealthy
Star chamber
Council learned
Bonds and recognises - paid nobility land for loyalty
Bonds and recognises
paid nobility land for loyalty
Extraordinary revenue
•under special circumstances - taxed
•raised £400,000 like this
•triggered Yorkshire and Cornish rebellion
1504 promised not to do this
International Trade Deals
•1492 - treaty of etaples
•1496 - intercurses Magnus
International competition
•navigation acts
•competition with European trade (hanseatic league)
- got advantage over English Merchant adventurers
•trade embargo