Chapter 3 Flashcards

1
Q

What is an Ante-supper?

A

Preparation of two huge feasts, the first was displayed to courtiers and then thrown away before the second was eaten.

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2
Q

What happened after parliament granted James three subsidies?

A

He gave £44,000 away to three of his Scottish friends.

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3
Q

when was the treaty of London and what advantages did it have?

A

1604, it reduced crown expenditure

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4
Q

What was crown debt by 1608?

A

£600,000 because of James lavish spending.

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5
Q

Who was Robert Cecil?

A

Formerly James principal secretary, who was appointed to Lord Treasurer to manage crown finances.

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6
Q

What promises did James make to Cecil?

A

In November 1608 James promised to stop gifting land, in 1609 he promised not to grant any gift or pension without Cecil agreement.

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7
Q

Did James keep his promises to Robert Cecil?

A

No.

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8
Q

How did Cecil attempt to strengthen Crown Finances?

A

Book of Bounty, Book of Rates and The Great Contract.

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9
Q

What was the Book of Bounty?

A

In 1608 Robert Cecil aimed to make money from crown lands by revising the leasing policy.

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10
Q

How did James hamper Cecil efforts?

A

By continuing to grant land to favoured courtiers.

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11
Q

What was the Book of Rates?

A

A book that listed the official valuation of items which custom duties should be paid.

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12
Q

What was a problem of the Book of Rates?

A

Because the booked listed fixed valuations, it could not keep up with inflation.

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13
Q

What was the Great Contract?

A

In 1610 Cecil began negation with parliament, he told them crown debt was £280,000 and annual expenditure was £511,000. In hopes of shocking into granting subsidies of £600,000.

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14
Q

Was the official offer of the Great Contract accepted or rejected?

A

Rejected.

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15
Q

How did Cecil manage to get parliament approval to grant James an annual subsidy of £200,000?

A

The negotiated to exchange the subsidy for James living up a range of Feudal right, including his prerogative income from Wardship.

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16
Q

When did negotiations for the Great contact collapse, and why?

A

In November 1610, Crown and Parliament distrusted each other.

17
Q

How much did James receive from the city of London?

A

£100,000 in 1610.

18
Q

When was parliament dissolved?

A

1611.

19
Q

How did James attempt to increase crown income?

A

He allowed some of his courtiers to buy knighthood.

20
Q

When and why was the title of Baronet introduce?

A

In 1611, the title of knight was devalued.

21
Q

How much Baronet sold for?

A

It was sold to anyone who could pay £1095, establishing 200 baronet which brought revenue of £90,885.

22
Q

What happened to title of Baronet and how much money could it later be bought for?

A

In 1622 it could be bought for £220.

23
Q

How much did James allow Earldom to be bought?

A

Sold for £10,000, in 1615 there were 27 earls and in 1628 there were 65.

24
Q

When and what was Cockayne project?

A

1614, A plan to organise the cloth trade and a commission to prevent further building in London. It was a failure.

25
Q

What effect Cockayne project have?

A

Because of the monopoly on production and sale of finished cloth business man William Cockayne, the Dutch refused to purchase cloth from England.

26
Q

Why did Parliament grant James only two subsidies in 1621 (£140,000)?

A

They feared James would dissolve parliament (without addressing their grievances) if they gave him sufficient subsidies like he had done in 1611.

27
Q

What was the 1624 subsidy act?

A

This act granted subsidy of £300,000 warfare, in order to have this subsidy the crown had to agree that it would only be used for specific areas of foreign policy.

28
Q

What was the 1624 Statute of Monopolies?

A

The act that limited the crown’s rights to grant monopolies to individuals.

29
Q

When did James I die?

A

March 1625

30
Q

Why did the commons only grant Charles two subsidies?

A

They distrusted him and he didn’t explain his position or ask for a specific amount.

31
Q

What is tonnage and poundage?

A

Taxed money paid to the crown as yearly prerogative

32
Q

How did Charles view the granting of t&p for only a yer?

A

As a direct attack on his prerogative.

33
Q

What did Charles do after securing the subsidy?

A

He continued to collect tonnage and poundage after the first year.

34
Q

What was the forced loan of 1626?

A

without parliamentary finance, Charles introduced forced loan. There was opposition and 76 people were imprisoned for refusal to pay.