A Student's History of England, v. 2: 1509-1689: From the Earliest Times to the Death of King Edward VIIGardiner, Samuel Rawson
History
A Student's History of England, v. 2: 1509-1689: From the Earliest Times to the Death of King Edward VII
Gardiner, Samuel Rawson
Great Britain -- History; Great Britain -- History -- Outlines, syllabi, etc.
20. =The Monopolies Condemned. 1621.=--The Commons, therefore, in
looking for abuses, had no lack of subjects on which to complain.
They lighted upon monopolies. James, soon after his accession, had
abolished most of those left by Elizabeth, but the number had been
increased partly through a wish to encourage home manufactures, and
partly from a desire to regulate commerce. One set of persons, for
example, had the sole right of making glass, because they bound
themselves to heat their furnaces with coal instead of wood, and
thus spared the trees needed for shipbuilding. Others had the sole
right of making gold and silver thread, because they engaged to
import all the precious metals they wanted, it being thought, in
those days, that the precious metals alone constituted wealth, and
that England would therefore be impoverished if English gold and
silver were wasted on personal adornment. There is no doubt that
courtiers received payments from persons interested in these grants,
but the amount of such payments was grossly exaggerated, and the
Commons imagined that these and similar grievances owed their
existence merely to the desire to fill the pockets of Buckingham and
his favourites. There was, therefore, a loud outcry in Parliament.
One of the main promoters of these schemes, Sir Giles Mompesson,
fled the kingdom. Others were punished, and the monopolies recalled
by the king, though as yet no act was passed declaring them to be
illegal.
[Illustration: Francis Bacon, Viscount St. Alban, Lord Chancellor:
from the National Portrait Gallery.]
21. =The Fall of Bacon. 1621.=--After this the Commons turned upon
Bacon. He was now Lord Chancellor, and had lived to find that his
good advice was never followed. He had, nevertheless, been an active
and upright judge. The Commons, however, distrusted him as having
supported grants of monopolies, and, when charges of bribery were
brought against him, sent them up to the Lords for enquiry. At first
Bacon thought a political trick was being played against him. He
soon discovered that he had thoughtlessly taken gifts even before
judgment had been given, though if they had been taken after
judgment, he would--according to the custom of the time--have been
considered innocent. His own opinion of the case was probably the
true one. His sentence, he said, was 'just, and for reformation's
sake fit.' Yet he was 'the justest Chancellor' that had been since
his father's time, his father, Sir Nicholas Bacon, having creditably
occupied under Elizabeth the post which he himself filled under
James. He was stripped of office, fined, and imprisoned. His
imprisonment, however, was extremely brief, and his fine was
ultimately remitted. Though his trial was not exactly like that of
the old impeachments, it was practically the revival of the system
of impeachments which had been disused since the days of Henry VI.
It was a sign that the power of Parliament was increasing and that
of the king growing less.
Public-domain text, read in full here on John Shaqi.
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