Henry VII- government and revenue Flashcards Preview

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Flashcards in Henry VII- government and revenue Deck (17)
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1

Carrots

Patronage
37 Knights of the Garter
Great and King's Council

2

Sticks

Bonds
Recognisances
Forced loans

3

King's Council

8 members
Lord Chancellor Morton
Lord Privy Seal Fox
Lord Treasurer Dynham

4

New councils set up by Henry

Court of Requests
General Surveyors
Learned in the Law

5

Council Learned in the Law

1504- Empson and Dudley employed

6

4 ways Henry controlled power

Retainers forbidden
Restoration of crown lands
Reduced land of Marcher Lords
Used Justices of the Peace to enforce statutes and royal proclamations

7

Change in the royal financial system

Henry examined receipts himself
Chamber system: more control, faster

8

Sources of income

Crown lands
Feudal obligations
Bonds and recognisances
Custom duties
Parliamentary grants
Benevolences
Loans
Clerical tax
French pension

9

Crown lands

From £3000 to £42000

10

Feudal obligations

1487 = £300
1507 = over £6000

11

Bonds and recognisances

e.g. 1491 Marquis of Dorset- £10000

12

Custom duties

Up to £40000

13

Parliamentary grants

Basic 15th and 10ths- usually £30000

14

Benevolences

1491 = £48500

15

Loans

Total of £203000 during his reign

16

Clerical tax

e.g. Canterbury and York £25000 in 1489

17

French pension

Total of £159000- £5000 a year