Social England in the Fifteenth Century, a Study of the Effects of Economic Conditions, Thesis Approval for the Degree of Doctor of Science (Economics) in the University of London
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Privy Council, II, 32- " Il-udy, Syllabus of Rymer's Fcedera, II, 587. FINANCIAL CHANGES 67 the ' commonaltee of Newcastel ' for the loan of 100 marks, 1 in 1443. The records extant for the city of Coventry are unusually complete and interesting, and it appears that the citizens granted ten loans within the first half of the century, which amounted to the large sum of £1266 13s. 4d.^ The Leet Book enables us to see how the money was raised : collectors were appointed, to whom streets were assig...ned, and the names of the contributors and the sums they gave were carefully written down. It is quite surprising to find how many persons contributed, and how little some of them lent. For example, in 1430, when £100 was sent to the King, there were 578 contributors, the largest sum given was -£1 6s. 8d., and the smallest was lod.' The municipalities were not the only corporations which advanced money to the Government, wealthy religious houses were expected to do their part. Twenty-two abbots, one abbess, and nine priors are amongst those who were asked to lend money in 1403.* Some of the counties were also responsible for con- siderable sums,^ and rich nobles and churchmen did not escape the burden.* Cardinal Beaufort was one of the most frequent of the King's credi- tors.'' Thus it will be seen that the loans of the fifteenth century were not raised like those of the fourteenth, by a few wealthy merchants,^ but by all classes of the community.
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