Summary of Extravagance, Corruption and Scandal

Summary of Extravagance, Corruption and Scandal

1. Extravagence

   • James spent money he didn't have
     • £185,000 on jewels
     • £36,000 on clothes in one year
   • Spent double what Elizabeth did
   • £1,000,000 debt by the time he died
   • Rise of £507,000 in debt in 5 years
   • Held masques
   • Spent a lot to show his family had the right to live in magnificance
     • Prince Henry £25,000 a year on his expenditure
     • Royal wardrobe (£36,000 in 1610)

2. Corruption

   • Tried to get money from other sources; impositions
   • Carr pardoned to prevent spilling beans
   • Attacking a royal minister
   • James under pressure from court factions, had to let Bacon fall. Charged with 20 counts of corruption
   • Sales of Baronet titles
   • Buckingham

3. Scandal

   • James paid Scots so the parliament would not give him money
   • Patronage on lovers
   • Addled Parliament