The descendants of Henry IV. were now extinct, and the succession
question seemed settled for ever. No one dreamed of raising against King
Edward the claims of the remoter heirs of John of Gaunt--the young earl
of Richmond, who represented the Beauforts by a female descent, or the
king of Portugal, the grandson of Gaunt's eldest daughter. Edward was
now king indeed, with no over-powerful cousin at his elbow to curb his
will. He had, moreover, at his disposal plunder almost as valuable as
that which he had divided up in 1461--the estates of the great Neville
clan and their adherents. A great career seemed open before him; he had
proved himself a fine soldier and an unscrupulous diplomatist; he was in
the very prime of life, having not yet attained his thirty-first year.
He might have devoted himself to foreign politics and have rivalled the
exploits of Edward III. or Henry V.--for the state of the continent was
all in his favour--or might have set himself to organize an absolute
monarchy on the ruins of the parliament and the baronage. For the
successive attainders of the Lancastrians and the Nevilles had swept
away many of the older noble families, and Edward's house of peers
consisted for the main part of new men, his own partisans promoted for
good service, who had not the grip on the land that their predecessors
had possessed.
Character of the reign.
Murder of the duke of Clarence.
But Edward either failed to see his opportunity or refused to take it.
He did not plunge headlong into the wars of Louis XI. and Charles of
Burgundy, nor did he attempt to recast the institutions of the realm. He
settled down into inglorious ease, varied at long intervals by outbursts
of spasmodic tyranny. It would seem that the key to his conduct was that
he hated the hard work without which a despotic king cannot hope to
assert his personality, and preferred leisure and vicious
self-indulgence. In many ways the later years of his reign were marked
with all the signs of absolutism. Between 1475 and 1483 he called only
one single parliament, and that was summoned not to give him advice, or
raise him money, but purely and solely to attaint his brother, the duke
of Clarence, whom he had resolved to destroy. The duke's fate (Feb. 17,
1478) need provoke no sympathy, he was a detestable intriguer, and had
given his brother just offence by a series of deeds of high-handed
violence and by perpetual cavilling. But he had committed no act of real
treason since his long-pardoned alliance with Warwick, and was not in
any way dangerous; so that when the king caused him to be attainted, and
then privately murdered in the Tower, there was little justification for
the fratricide.
Fiscal policy.
Public-domain text, read in full here on John Shaqi.
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