James I's Financial Struggles and Political Challenges
Debt - answers Over £100,000 debt left by Elizabeth I.
Great Contract - answers Failed plan to resolve royal debt issues.
Debt in 1610 - answers Royal debt rose to £700,000 by 1610.
Debt increase 1610-1613 - answers Debt rose from £400,000 to £500,000.
Expenditure - answers High spending impacted royal finances significantly.
Ante-supper 1621 - answers Cost £3,300, exceeding wealthy landowner's income.
Household expenditure 1603-1610 - answers Increased from £64,000 to £114,000.
Cranfield's reforms - answers Reduced dinner courses and increased rents.
Salisbury's Book of Bounty - answers Reissued in 1619 to manage finances.
Cranfield's impeachment - answers Undermined financial reforms due to courtier influence.
Cockayne Project - answers Threatened England's wool trade security.
City of London - answers Lost confidence in James' economic decisions.
Wool trade recovery - answers Never regained pre-Cockayne Project levels.
Sale of baronetcies - answers Generated £500,000 but caused nobility resentment.
Impositions - answers Generated £70,000 annually post-Bates Case 1606.
Crown lands sale - answers Continued sales raised concerns about royal revenue.
Interim judgement - answers James struggled to fund household due to debt.
Parliament relationship - answers Strained by financial mismanagement and debt.
Favourites' extravagance - answers James favored Scots, damaging parliamentary relations.
Scottish favourite's gift - answers £400,000 given to a Scottish favourite.
Buckingham's rewards - answers Received titles and gifts, worsening parliament ties.
Overbury Scandal - answers Linked to James' pardon of murderers.
Financial personnel changes - answers Frequent changes hindered stable financial solutions.
Embezzlement - answers Misappropriation of funds, notably by Duke of Suffolk.
Duke of Suffolk - answers James' finance minister who stole £250,000.
, Tax Farming - answers System where Crown fails to collect due revenue.
Inflation (1603) - answers Running at 50%, reducing subsidy value by half.
Parliamentary Responsibility - answers Parliament's duty to manage national finances
effectively.
Great Contract (1610) - answers Failed agreement addressing monarchy's financial issues.
Financial Spectacle - answers James' extravagant spending distracted Parliament from
responsibilities.
Structural Weaknesses - answers Unaddressed issues in financial and security systems.
Treaty of London (1604) - answers Boosted wool trade, showcasing James' economic success.
Rex Pacificus - answers Title reflecting James' diplomatic focus over military.
Mansfield and Cadiz Expeditions - answers Parliament underfunded military ventures due to
distrust.
Trip to Madrid (1623) - answers Costly visit impacting James' financial balance negatively.
Parliament's Negligence - answers Failure to reform tax system since Henry VIII.
Cranfield's Success - answers Efforts to balance finances undermined by costly policies.
Bellicose Foreign Policy Needs - answers Demand for military readiness amidst financial
constraints.
Parliamentary Subsidies - answers Financial support from Parliament, diminished by inflation.
James' Reckless Spending - answers Extravagance contributing to financial mismanagement
issues.
Diplomatic Enterprises - answers Cost-effective initiatives enhancing England's international
reputation.
Financial Problems - answers Interlinked issues of expenditure and debt under James.
Longstanding Financial Issues - answers Persistent problems needing structural solutions from
Parliament.
Political Self-Interest - answers Parliament's focus on preserving positions over national finance.
Key Policy Changes - answers Frequent finance minister changes hindered effective governance.
Lax Attitude - answers James' careless approach to financial management.
Debt - answers Over £100,000 debt left by Elizabeth I.
Great Contract - answers Failed plan to resolve royal debt issues.
Debt in 1610 - answers Royal debt rose to £700,000 by 1610.
Debt increase 1610-1613 - answers Debt rose from £400,000 to £500,000.
Expenditure - answers High spending impacted royal finances significantly.
Ante-supper 1621 - answers Cost £3,300, exceeding wealthy landowner's income.
Household expenditure 1603-1610 - answers Increased from £64,000 to £114,000.
Cranfield's reforms - answers Reduced dinner courses and increased rents.
Salisbury's Book of Bounty - answers Reissued in 1619 to manage finances.
Cranfield's impeachment - answers Undermined financial reforms due to courtier influence.
Cockayne Project - answers Threatened England's wool trade security.
City of London - answers Lost confidence in James' economic decisions.
Wool trade recovery - answers Never regained pre-Cockayne Project levels.
Sale of baronetcies - answers Generated £500,000 but caused nobility resentment.
Impositions - answers Generated £70,000 annually post-Bates Case 1606.
Crown lands sale - answers Continued sales raised concerns about royal revenue.
Interim judgement - answers James struggled to fund household due to debt.
Parliament relationship - answers Strained by financial mismanagement and debt.
Favourites' extravagance - answers James favored Scots, damaging parliamentary relations.
Scottish favourite's gift - answers £400,000 given to a Scottish favourite.
Buckingham's rewards - answers Received titles and gifts, worsening parliament ties.
Overbury Scandal - answers Linked to James' pardon of murderers.
Financial personnel changes - answers Frequent changes hindered stable financial solutions.
Embezzlement - answers Misappropriation of funds, notably by Duke of Suffolk.
Duke of Suffolk - answers James' finance minister who stole £250,000.
, Tax Farming - answers System where Crown fails to collect due revenue.
Inflation (1603) - answers Running at 50%, reducing subsidy value by half.
Parliamentary Responsibility - answers Parliament's duty to manage national finances
effectively.
Great Contract (1610) - answers Failed agreement addressing monarchy's financial issues.
Financial Spectacle - answers James' extravagant spending distracted Parliament from
responsibilities.
Structural Weaknesses - answers Unaddressed issues in financial and security systems.
Treaty of London (1604) - answers Boosted wool trade, showcasing James' economic success.
Rex Pacificus - answers Title reflecting James' diplomatic focus over military.
Mansfield and Cadiz Expeditions - answers Parliament underfunded military ventures due to
distrust.
Trip to Madrid (1623) - answers Costly visit impacting James' financial balance negatively.
Parliament's Negligence - answers Failure to reform tax system since Henry VIII.
Cranfield's Success - answers Efforts to balance finances undermined by costly policies.
Bellicose Foreign Policy Needs - answers Demand for military readiness amidst financial
constraints.
Parliamentary Subsidies - answers Financial support from Parliament, diminished by inflation.
James' Reckless Spending - answers Extravagance contributing to financial mismanagement
issues.
Diplomatic Enterprises - answers Cost-effective initiatives enhancing England's international
reputation.
Financial Problems - answers Interlinked issues of expenditure and debt under James.
Longstanding Financial Issues - answers Persistent problems needing structural solutions from
Parliament.
Political Self-Interest - answers Parliament's focus on preserving positions over national finance.
Key Policy Changes - answers Frequent finance minister changes hindered effective governance.
Lax Attitude - answers James' careless approach to financial management.
