A History of the British Army, Vol. 1: First Part—to the Close of the Seven Years' WarFortescue, J. W. (John William), Sir
History
A History of the British Army, Vol. 1: First Part—to the Close of the Seven Years' War
Fortescue, J. W. (John William), Sir
Great Britain -- History, Military; Great Britain. Army -- History
I turn next to the department of finance. Here in place of the
old treasurers at war there was created a new officer called the
paymaster-general. Parliament, I must remind the reader, never
recognised the existence of the Army under the Stuarts, nor voted a
sixpence expressly for its service. The force was paid out of the
King's privy purse, or, in the case of James, out of sums intended
for the payment of the militia. Thus the House of Commons through
sheer perversity lost its hold upon the paymaster-general, and when
it came to examine his office a whole century later, found, as
shall be told in place, a system of corruption and waste which is
almost incredible. The first paymaster-general, Sir Stephen Fox,
received a salary of four hundred pounds a year, but this he soon
supplemented by becoming practically a farmer of a part of the
revenue. Knowing that Charles was chronically deficient in cash, he
undertook to advance funds on his own private credit for the weekly
pay of the Army, in consideration of a commission of one shilling
in the pound. At the end of every four months he applied to the
Treasury for reimbursement, and if his claims were not immediately
satisfied, he received eight per cent on the debt owing to him,
thus making a very handsome profit. This system was discontinued in
1684, but the deduction, or poundage as it was called, was still
levied on the Army, for no reason whatever, for a full century and
a half. For the care of all other military expenses there was an
office called by the old title of Treasurer of the Armies.
Public-domain text, read in full here on John Shaqi.
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