History of the English People, Volume V: Puritan England, 1603-1660Green, John Richard
History
History of the English People, Volume V: Puritan England, 1603-1660
Green, John Richard
Great Britain -- History
horror-stricken as he represented himself to have been, he had kept the
secret and left the Parliament to its doom.
[Sidenote: The Impositions.]
The failure of such a plot necessarily gives strength to a government;
and for the moment the Parliament was drawn closer to the king by the
deliverance from a common peril. When the Houses again met in 1606 they
listened in a different temper to the demand for a subsidy. The needs of
the Treasury indeed were great. Elizabeth had left behind her a war
expenditure, and a debt of four hundred thousand pounds. The first
ceased with the peace, but the debt remained; and the prodigality of
James was fast raising the charges of the Crown in time of peace to as
high a level as they had reached under his predecessor in time of war.
The Commons voted a sum which was large enough to meet the royal debt.
The fixed charges of the Crown they held should be met by its ordinary
revenues; but James had no mind to bring his expenditure down to the
level of Elizabeth's. The growth of English commerce offered a means of
recruiting his treasury which seemed to lie within the limits of
customary law; and of this he availed himself. The right of the Crown to
levy impositions on exports and imports other than those of wool,
leather, and tin, had been the last financial prerogative for which the
Edwards had struggled. They had been forced indeed to abandon it; but
the tradition of such a right lingered on at the royal council-board;
and under the Tudors the practice had been to some slight extent
revived. A duty on imports had been imposed in one or two instances by
Mary, and this impost had been extended by Elizabeth to currants and
wine. These instances however were too trivial and exceptional to break
in upon the general usage; but a more dangerous precedent had been
growing up in the duties which the great trading companies, such as
those to the Levant and to the Indies, were allowed to exact from
merchants, in exchange--as was held--for the protection they afforded
them in far-off and dangerous seas. The Levant Company was now
dissolved, and James seized on the duties it had levied as lapsing
naturally to the Crown.
[Sidenote: Bates's case.]
Public-domain text, read in full here on John Shaqi.
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