James I accepts the terms of the Great Contract

Historical Context Note

Litencyc Editors (Independent Scholar - Europe)
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James I accepts terms of a 'Great Contract' between crown and Parliament, in which they would grant him an annual sum of £200,000 in return for the abolition of feudal tenures and wardships. However, negotiations founder as a result of disputes about purveyance, the Crown's right to requisition goods and services for its own use.

54 words

Citation: Editors, Litencyc. "James I accepts the terms of the Great Contract". The Literary Encyclopedia. First published 01 February 2011 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=15679, accessed 23 November 2024.]

15679 James I accepts the terms of the Great Contract 2 Historical context notes are intended to give basic and preliminary information on a topic. In some cases they will be expanded into longer entries as the Literary Encyclopedia evolves.

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