Edward's rule was not so bad for England as might have been expected
from his very unamiable character. His second reign was comparatively
free from bloodshed--if we except one dreadful crime committed on the
person of his own brother. Perhaps he deserves little praise on this
score, for both the Lancastrians and the partisans of Warwick had been
practically exterminated by the slaughters of 1471. It is more to his
credit that he bore lightly on the nation in the matter of taxation.
His pockets were full of the plunder of the house of Neville and the
old Lancastrian families, and, though self-indulgent, he was not a
spendthrift. Indeed, he lived within his means, and seldom asked for a
subsidy from Parliament. This moderation, however, does not imply that
he was a constitutional sovereign. He ruled through a small clique of
ministers and personal dependents, mostly members of his wife's family.
He disliked parliamentary control so much that he seldom summoned a
Parliament at all. For one whole period of five years (1478-82), he was
rich enough to be able to refrain from calling one together. When he
did want money, however, he did not shrink from raising it in the most
objectionable manner, by compelling rich men to pay him forced loans,
called "benevolences." It is fair to add that he generally paid his
debts, and only owed £13,000 when he died. On the whole it may be said
that his rule, though selfish and autocratic, was not oppressive. He
gave the land peace in his later years, and any kind of quiet was an
intense relief after the anarchy of the Wars of the Roses.
[Sidenote: =Revival of industry.=]
Commerce and industry began slowly to rally, and the wealth of the
land seems to have suffered less than might have been expected. The
bloodshed and confiscations of the unhappy years between 1455 and 1471
had fallen almost entirely on the nobles and their military retainers,
and the cities and the yeomen had fared comparatively well. England
had never been left desolate like France at the end of the Hundred
Years' War.
[Sidenote: =Treaty of Picquigny.=]
Public-domain text, read in full here on John Shaqi.
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