London and the Kingdom - Volume 1: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.Sharpe, Reginald R. (Reginald Robinson)
History
London and the Kingdom - Volume 1: A History Derived Mainly from the Archives at Guildhall in the Custody of the Corporation of the City of London.
Sharpe, Reginald R. (Reginald Robinson)
London (England) -- History
Mary succeeded in March in raising a loan in the city of £20,000 (she had
asked for 100,000 marks or £75,000(1471)) on the security of the crown
lands. The loan bore interest at the rate of twelve per cent., and a
special dispensation was granted to avoid the penalties of the Usury
Act.(1472) The money was raised by assessment on the livery companies. On
the 16th March the Court of Aldermen summoned the wardens of the twelve
principal companies to attend at the Guildhall at eight o’clock the next
morning, in order that they might learn how much the lords of the council
had "*tottyd*" against each of them towards the loan. The smaller
companies were to attend in the afternoon of the same day in order to be
informed of the sums the Court of Aldermen deemed fit that each should
contribute to assist their wealthier brethren. The total amount subscribed
by the greater companies was £16,983 _6s._ 8_d._, of which the Mercers
contributed £3,275. The lesser companies subscribed £1,310, in sums
varying from £30 to £500.(1473)
(M737)
It is probable that Mary wanted this loan to enable her to prosecute the
war. The country was not disposed, however, to assist her in this
direction. The people were afraid of rendering Philip too powerful.
Disappointed both in her public and domestic life, she fell a victim to
dropsy and died on the 17th November—"wondering why all that she had done,
as she believed on God’s behalf, had been followed by failure on every
side—by the desertion of her husband, and the hatred of her subjects." The
loss of Calais so much affected her that she declared that the name of the
town would be found impressed upon her heart after death. On the occasion
of her funeral the City put in its customary claim for black livery cloth,
but more than one application had to be made before the cloth was
forthcoming.(1474)
CHAPTER XVII.
(M738)
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account