London (England) -- History -- 17th century; London (England) -- Social life and customs -- 17th century
It is charged against the Society that they began by neglecting the
conditions, setting too high a rent upon their lands, and trying to
make a profit for the Londoners out of the property. James himself was
much dissatisfied with the conduct of the estates. He wrote to Sir
Arthur again in August 1615, adding a postscript in his own hand:—“My
Lord, in this service I expect that zeal and uprightness from you, that
you will spare no flesh, English or Scotch, for no private man’s worth
is able to counterbalance the particular safety of a kingdom, which
this Plantation, being well accomplished, will procure.”
A year afterwards the King granted a licence to the twelve Companies to
hold in mortmain whatever lands the Irish Society might grant them.
These grants contained a reservation of the right of re-entry if the
conditions specified were not kept.
It is, of course, evident that if the Irish Society were Trustees they
could not give away their lands, and that they could only make grants
under the conditions of their Trust.
In 1620, on further complaints being made, the sequestration of the
estates was granted, but not carried out. In 1624 other complaints were
made that the conditions of allotting 4000 acres to Derry and 3000
to Coleraine had not been carried out. It was replied that Derry had
received 1500 and Coleraine 500.
Charles I. began by making an attempt to fix a fair rent, which
appears to have failed, the Society declaring that for the time it was
impracticable. There were, no doubt, difficulties in the way of getting
settlers, or, which seems possible, there were so many applicants that
the Society was able to run up rents. In 1637 the Court of Chancery
gave judgment in the case. The letters patent of March 1613 were
annulled, and the premises granted to the Irish Society were seized
into the hands of the King. A fine of £70,000 was also imposed upon the
City.
The charges brought against the Londoners were as follows:—
Public-domain text, read in full here on John Shaqi.
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