Charles signed the Treaty of Madrid to end the war with Spain. He signed the Treaty of Suza to end the war with France. Spending on war reduced from £500,000 to £70,000.
He raised £358,000 from the continued collection of tonnage and poundage.
Forest fines raised around £40,000.
Distraint of Knighthood. Nearly £175,000 raised.
Monopolies.
Ship Money. Introduced as an annual tax and extended to all counties. Raised around £200,000 per annum.
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Opposition to financial reforms.
In 1629, a merchant, Richard Chambers, refused to pay tonnage and poundage. He was imprisoned and fined £2,0000.
Hard to show discontent as there wasn't a parliament.
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John Hampden and Ship Money
Hampden refused to pay Ship Money in 1636 and initiated a legal challenge against it.
Puritan and apart of the Providence Island Company.
Show trial.
Seven ruled in favour of Charles and five against.
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