Henry VI Poor Fianance

Question 1

What was the problem with Henry VI and his finance?

Answer 1

• gave too much money/titles/ land away.
• PATRONAGE!
• it was mid used by Henry

Question 2

What act did he pass to reclaim some of the patronage he had given out? And what year?

Answer 2

Created act of resumption in 1450.

Question 3

How much money did Henry have lose between 1421 and 1446-48?

Answer 3

• had £40,667 in 1421
• had £28,100 in 1446-48
• losing more than £12,000 pounds in patronage and luxurious spending.

Question 4

What did Henry ask for? And what did he say it was for?

Answer 4

He basked for tax to pay off his debts and told the public the money was for Duke Of Suffolk and the Duke of Somerset in Fougeres 1449.

• creates more debt