906366
Henry VII and
Finance- Chamber
and Exchequer
- Exchequer
- originally returned the use
as for administration of
royal finances
- Henry finacially inexperienced
- Henry
pre-occupied in
securing throne
- Henry finacially inexperienced
- originally returned the use
as for administration of
royal finances
- Chamber
- Henry increasingly required on, as
had Edward IV, for management
of funds
- first two
years of
reign-
received
£17,000 a
year
- by 1500s- £105,000 a year
- by 1500s- £105,000 a year
- first two
years of
reign-
received
£17,000 a
year
- Henry increasingly required on, as
had Edward IV, for management
of funds
- Great advantage was speed
and access to actual money
- Critical in 1499 with constant fear of rebellion
- Critical in 1499 with constant fear of rebellion
- Henry introduced closer
checks under Sir John
Hussey, as well as regular
royal perusals of account
books
- Treasures of the Chamber
- Sir Thomas Lovell and Sir John Heron
- Henry relied heavily on the
professionalism
- Sir Thomas Lovell and Sir John Heron
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