Cassell's History of England, Vol. 3 (of 8): From the Great Rebellion to the Fall of Marlborough.Anonymous
History
Cassell's History of England, Vol. 3 (of 8): From the Great Rebellion to the Fall of Marlborough.
Anonymous
Great Britain -- History
The income and expenditure of the Commonwealth are stated to have
far exceeded those of any monarch who ever sat before on the throne
of England, and to have been not less than four million four hundred
thousand pounds per annum. The post office, as already stated, brought
in ten thousand pounds per annum. A singular tax, called the Weekly
Meal, or the price of a meal a week from each person, produced
upwards of one hundred thousand pounds a year, or six hundred and
eight thousand four hundred pounds in the six years during which it
was levied. There was a weekly assessment for the support of the war,
which rose from thirty-eight thousand pounds to one hundred and twenty
thousand pounds per week, which was continued as a land tax under the
Protectorate, producing from 1640 to 1659 no less than thirty-two
million one hundred and seventy-two thousand three hundred and
twenty-one pounds. The Excise also owes its origin to this period, and
produced, it is said, five hundred thousand pounds a year. Large sums
were realised by the sales of Crown and Church lands,--from the sale
of Crown lands, parks, etc., one million eight hundred and fifty-eight
thousand pounds; from the sale of Church lands, ten million pounds;
from sequestration of the revenue of the clergy for four years, three
million five hundred thousand pounds; eight hundred and fifty thousand
pounds from incomes of offices sequestered for the public service; four
million five hundred thousand pounds from the sequestration of private
estates or compositions for them; one million pounds from compositions
with delinquents in Ireland; three million five hundred thousand
pounds from the sale of forfeited estates in England and Ireland, etc.
The ministers and commanders are asserted to have taken good care of
themselves. Cromwell's own income is stated at nearly two million
pounds, or one million nine hundred thousand pounds; namely, one
million five hundred thousand pounds from England, forty-three thousand
pounds from Scotland, and two hundred and eight thousand pounds from
Ireland. The members of Parliament were paid at the rate of four pounds
a week each, or about three hundred thousand pounds a year altogether;
and Walker, in his "History of Independency," says that Lenthall, the
Speaker, held offices to the amount of nearly eight thousand pounds a
year; that Bradshaw had Eltham Palace, and an estate of one thousand
pounds a year, as bestowed for presiding at the king's trial; and
that nearly eight hundred thousand pounds were spent on gifts to
adherents of the party. As these statements, however, are those of
their adversaries, they no doubt admit of ample abatement; but after
all deduction, the demands of king and Parliament on the country during
the contest, and of the Protectorate in keeping down its enemies, must
have been enormous. Notwithstanding this, the rate of interest on money
continued through this period to decline. During James's reign it was
Public-domain text, read in full here on John Shaqi.
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