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4. History: Crown Debt- Earl of Dorset

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AS - Level History Flashcards on 4. History: Crown Debt- Earl of Dorset, created by Rebecca Davidson on 05/05/2016.
Rebecca Davidson
Flashcards by Rebecca Davidson, updated more than 1 year ago
Rebecca Davidson
Created by Rebecca Davidson almost 8 years ago
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Question Answer
WHO DID DORSET TEAM UP WITH? ROBERT CECIL.
WHAT WAS DORSET'S SOLUTION? THE GREAT FARM.
WHAT WAS THE GREAT FARM? THE RIGHTS OF COLLECTION WERE LEASED TO A GROUP OF FINANCIERS, SHOWED WAS INCOME WOULD BE EXPECTED IN FUTURE FROM CUSTOMS.
WHY WAS THIS DONE? BECAUSE OF JAMES' EXCESS OF GIVING AWAY GIFTS AND PENSIONS.
WHY DID THE GREAT FARM NOT WORK? COULDN'T RAISE ENOUGH TO BALANCE THE ACCOUNTS. DEBT= £500,000 WHEN DORSET DIED.
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