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Henry VII
How
he came to the throne.
·
Henry
was grandson to Queen Catherine – last remaining Lancastrian with acclaim to
the throne at the end of the Wars of the Roses.
·
His
opportunity came when the unpopular Richard III took the crown from his nephew,
Edward V
·
In
1483 Henry tried to invade Richard but was beaten by bad weather
·
In
1485 he landed in Wales
and met Richard at the battle of Bosworth
·
With
support from the Stanleys Richard was defeated and killed
The
Yorkist Pretenders
·
In
attempt to make himself acceptable to the Yorkist, Henry married Edward the IV’s
eldest surviving heir, his daughter Elizabeth of York
·
Some
Yorkists refused to accept that the Wars of the Roses was over
·
1487
LAMBERT SIMNEL an Oxford
youth pretending to be the Clarences’s son, Earl of Warwick
·
After
the real Earl had been revealed in London,
Simenel was easily defeated by Henry at the Battle of Stoke. Some leading
Yorkists were killed, Simnel was made a royal servant.
·
PERKIN
WARBECK, the son of a Belgain servant, claimed to be the younger of the princes
in the tower.
·
Henry
was very angry and got support from Scotland,
Ireland, Burgundy and other European states.
·
The
rebels were soon defeated and Warbeck surrendered.
·
1499
Warbeck and the real Earl of Warwick were executed for plotting to escape from
the Tower
·
Henry
then established the Tudor Dynasty
Law
and Order
·
Henry
could not afford to avoid the power of nobility even if many of them had died
during the wars of the roses
·
Some
continued to keep private armies. They would threaten the peace, bully, bribe,
alter juries and generally defy the law
Finance
·
Henry
was able to balance his budget and even save money.
·
He
could afford to pay for a wedding of Arthur and Catherine of Aragon and
complete the building of King’s College Chapel, Cambridge
·
He
carefully developed ways to increase his income
·
He
carefully managed rents from the crown lands, increased by the confiscation of
Yorkist land after the battle of Bosworth and Stoke.
·
He
maintained money from the King of France and pressured parliament and the
church into enforcing taxation of gifts.
·
He
increased the income form customs duties and carried out trade privately
·
He
sold pardons to convicted criminals.
·
By
such methods Henry built up a reserve of treasure which was soon wasted in war
by Henry VIII
The
Economy
·
The
economy and trade was benefited from peace and the King’s prudent financial management.
·
Woollen
cloth continued to be a major export. Low countries
who often paid for it with American silver brought in by their Spanish masters
·
Henry
showed his support for Warbeck by ordering a trade ban
Ireland, Scotland
and Wales
·
Relations
with Ireland and Scotland
often caused Henry some problems.
·
The
Irish had supported Simnel and Warbeck.
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