Henry VII’s Foreign, Economic, and Consolidation Policies Flashcards
(36 cards)
What were attainders used for during Henry’s reign?
Attainders were used to strip land, titles, and wealth from suspected traitors, mostly Yorkists.
A total of 138 attainders were passed, with only 46 reversed, indicating Henry’s selectivity about mercy.
How many noble families were under bonds by 1507?
At least 36 out of 62 noble families were under bonds by 1507.
Bonds were financial agreements pledging loyalty under penalty of massive fines.
What was the purpose of bonds and recognisances?
Bonds and recognisances were used to prevent rebellion and extract control by making nobles pay to behave.
An example is Thomas Grey, Marquis of Dorset, who was bound by a £10,000 recognisance.
What did Henry do in 1486 regarding lands?
Henry reclaimed all lands granted away since 1455.
This significantly expanded crown lands and income.
What was the effect of the Acts of Resumption on royal finances?
It strengthened royal finances and weakened over-mighty nobles.
How many new earls and barons were created in 24 years?
Only 1 new earl and 5 barons were created in 24 years.
What was the strategy behind maintaining tight control over the peerage?
No over-promotion meant no over-mighty subjects.
What was the role of the Council Learned in the Law?
It was run by Empson & Dudley to enforce financial punishments.
What was the average crown income when he took power in 1485?
Approximately £52,000/year.
What was the crown income by 1509?
Increased to approximately £113,000/year.
How does the crown income compare to France and Spain?
Still less than France (~£800,000) and Spain (~£1 million).
What was the income from crown lands in 1485?
£29,000/year.
What was the income from crown lands by 1509?
Increased to £42,000/year.
What were the customs duties by 1509?
Rose to around £40,000/year.
What are feudal dues and when were they used extensively?
Wardships, reliefs, marriages; used extensively after the 1504 Feudal Aid tax.
What was the French pension from Étaples in 1492?
£5,000/year, totaling £159,000 by 1509.
What were the legal fines brought in by the Council Learned?
Brought in £35,000/year by the 1500s.
What type of taxes did Parliament rarely use during this period?
Parliamentary taxes were rarely used. He preferred benevolences (forced gifts from nobles).
What event was triggered by heavy taxation to fund the Scottish invasion?
The Cornish Rebellion (1497) was triggered by heavy taxation to fund the Scottish invasion.
What was the Magnus Intercursus?
The Magnus Intercursus (1496) restored trade with Burgundy after Warbeck support.
What was the trade embargo on Burgundy?
The trade embargo on Burgundy (1493–1496) shows Henry would sacrifice profit for security.
What were the Navigation Acts?
The Navigation Acts (1485, 1489) protected English merchants from foreign competition.
What was the Malus Intercursus?
The 1505–1506 Malus Intercursus attempted stronger trade rights but was unpopular and dropped after Philip of Burgundy died.
What was the Treaty of Étaples?
In 1492, Charles VIII of France agreed to expel Warbeck and pay Henry VII a pension of £5,000/year.
Total French pension over reign = £159,000.