Give a reason for Henry's increased revenue from crown lands.
The uniting of the Houses gained more crown land.
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Give the treaty with France that brought more revenue for Henry?
Treaty of Etaples.
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What did the Treaty of Etaples involve?
In 1492 it raised £5,000 p.a. and 745,000 gold crowns.
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What did the Treaty of Etaples prevent the French King Charles from doing?
Helping pretenders against the English crown.
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What pretender was sent back to England due to the Treaty of Etaples?
Perkin Warbeck.
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What was the Treaty of Etaples also known as?
The French Pension.
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What three benefits were created for Henry from the Treaty of Etaples?
Established his status, increased revenue and eliminated the noble threat.
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How did the Treaty of Etaples establish Henry's status?
It showed that he was recognised as King by another European monarch.
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Why did Henry want to reorganise finance?
He thought that a wealthy King was a secure King as they were more able to finance themselves out of trouble.
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What financial administration did Henry develop later in his reign?
The Chamber.
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How much turnover did the Chamber handle?
Over £100,000 (£4 million today) by the late 1490s.
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What sources of revenue did the Chamber handle?
Crown lands, profits of justice, feudal dues and the French Pension.
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What sources of revenue did the Chamber not handle?
Customs duties.
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What were all of Henry's sources of revenue?
Crown lands, feudal dues, parliamentary grants, clerical taxes, French Pension, customs duties, profits of justice, loans and benevolences, feudal obligations and bonds and recognisances.
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What did English Kings have to swear at their coronation relating to finance?
They had to swear to live off of themselves.
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At the start of his reign, in what financial area did Henry do worse than Richard III?
Estates which Henry made £12,000 compared to Richard's £25,000 by 1486.
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What was agreed between England and France in 1485 as part of foreign policy?
Peace up until 1489.
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What was agreed between Enlgand and Scotland in 1486?
3 year truce (James III Scotland).
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What happened during the Brittany Crises in 1489?
France attacked and took over Brittany and established the Treaty of Redon.
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What were the terms of the Treaty of Medina Del Campo?
Marriage between Arthur and Catherine of Aragon in 1500, dowry of £100,000 and 200,000 gold crowns and Spain agreed to fight alongside England if attacked by France.
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What were the benefits for Henry from the Treaty of Medina Del Campo?
Increased revenue, established status, formed alliance, eliminated noble threat and established dynasty.
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When was Medina Del Campo signed?
1489.
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When was the Treaty of Etaples signed?
1492.
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When was the trade embargo with Burgundy formed?
1493.
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What did the Burgundy trade embargo involve?
Ban on cloth trade and the return of Warbeck.
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When was the Holy League formed?
1495.
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Who was the alliance of the Holy League between?
The Pope, Spain and the Holy Roman Empire against France.
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When did Henry join the Leaue of Venice?
1496.
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What did the Magnus Intercursus involve and when was this?
Ended the Burgundy trade embargo in 1496.
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What was the Truce of Ayton in 1497?
Marriage of James to Margaret (Henry's daughter).
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What did the Truce of Ayton not abandon?
Treaty with France.
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When did Arthur and Catherine get married?
1501.
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When did Arthur die?
1502.
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Who was the only male heir left for Henry's VII's thrown?
Henry (Henry VIII).
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When did Joanna of Castile and Philip of Burgundy arrive in England?
1506.
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What did Joanna and Philip's arrival involve?
Agreed to send Edmund De La Pole back to England and Henry lent Philip £138,000.
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What did the League of Cambrai involve in 1508?
Alliance against France but Henry was not included.
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What were Henry's six aims as King?
Establish status as King, increase revenue (wealthiest in England), form alliances (peace and trade), maintain/strengthen law and order, eliminate noble threat and establish dynasty.
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What was Henry quoted as being related to finance?
The richest lord not known in the land.
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What did the Act of Resumption 1486 involve?
Henry could recover all crown land lost since 1455. Some of this land was given to his mother and uncle.
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What did the Act of Attainder involve?
Took land from nobles. 138 nobles were attainted and only 46 got their land back e.g. Duke of Suffolk William Stanley.
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How would recognisances be forfeited?
If the magnate showed loyalty, efficiency and honesty in the manner of carrying out their duties.
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State three main pretenders.
Lambert Simnel, Perkin Warbeck and Edmund De La Pole.
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Other cards in this set
Card 2
Front
Give the treaty with France that brought more revenue for Henry?
Back
Treaty of Etaples.
Card 3
Front
What did the Treaty of Etaples involve?
Back
Card 4
Front
What did the Treaty of Etaples prevent the French King Charles from doing?
Back
Card 5
Front
What pretender was sent back to England due to the Treaty of Etaples?
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