Chapter

Baseline (Trevelyan I)

Conrad Russell

in King James VI and I and his English Parliaments

Published in print February 2011 | ISBN: 9780198205067
Published online May 2011 | e-ISBN: 9780191725098 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198205067.003.0001
Baseline (Trevelyan I)

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This chapter introduces the legacy that James inherited from Elizabeth and analyses the financial problems that she bequeathed to the Crown at the end of a long war against Spain. It emphasizes that the rapidly escalating costs of war, combined with the low taxation philosophy and the use of monopolies encouraged by the queen, had brought the state to the verge of financial collapse. This was to be the principal problem faced by Robert Cecil, the Crown's leading minister, in the early years of the new reign.

Keywords: Robert Cecil; Elizabeth I; war; monopolies; taxation

Chapter.  7499 words. 

Subjects: Early Modern History (1500 to 1700)

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