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B20737 An abstract ovt of the records of the tovver, touching the Kings revenue, and how they have supported themselves by Sir Robert Cotton ... Cotton, Robert, Sir, 1571-1631.; Tower of London (London, England) 1642 (1642) Wing C6476 19,569 29

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deposition of the other No lesse fatall was the like to Empson and Dudley Proc. contra Dudley An. 1. H. 8. and there is no string will sooner jar in the Common-wealth then this if it be generally touched 3. For Letters of favour either for mitigation or dispatch of Iustice Of the first sort there be many found in H. 6. and E. 4. their times sometimes of Protection although by course of the Common Law none are warrantable but to such as are going in Obsequium Regis or Ibidem Moraturi sometimes freeing men from Arrests by calling them up to appear before the Kings Councell sometimes in cases highly criminall releiving the Prisoner in commanding the Judges to make stay of all proceedings upon supposall of indirect practises untill the King was better informed Of the second sort there are many in H. 7. Lib. Acquit inter H. 7. Dudley his time where the King hath taken for writing to the Iudges of Assize money for his Letters of favour 4. For Offices thus did King Iohn with the Chancellorship selling it for terme of life to Gray for five thousand Markes Divers Offices now in the gift of the Master of the Rolls were engaged to the Chancellor and Treasurer of England as are to be found in Records of H. 4. H. 5. and H. 6. to bee passed by warrant under the Kings hand and upon some Considerat●on And H. 7. renewed this course using Dudley as his instrument to compound with Suitors for those and any other places and by that Record we finde the Chancellor the chiefe Iustice the Keeper of most of the Record the Clerks of the Assizes and peace the Masters of the game and Parkes and what else carrying either profit or reputation paid to the King Familius in vita Lewis 12. some proportion of money for their places Neither is this different from the course of other States for in France Lewis the 12. called the father of his Countrey did so with all the Offices not being of Iudicature which his Successors did not forbeare Vasques C. 12 40 43. In Spaine it is usuall and Vasques the Spanish Advocate and Charles the fifth precsribeth it to his sonne as a rule in his last instruction drawing his ground of reason and Convenience from the example and practice of the Sea of Rome Instruct Car. 5 to Phil. 2. The like might bee of all inferior promotions that are or may bee in the Kings Guift whether Ecclesiasticall or Temporall if they were after the true value in profit and reputation listed into rankes according to the severall Natures of their imployments respectively 5 For honour and that either by power legall or election Of the first it is onely in respect of Land whereby every man is to find when the King shall require that hath ability to bee made a Knight and is not Of this sort there is plenty of examples The other out of choice and grace As Hugo de putiaco Bishop of Durham was by King R. 1. created Earle of Northumberland for a great summe of money And I doubt not but many of these times would set their ambition at as high a price And for his Majestie now to make a degree of Honour hereditary as Barronets next under Barons and grant them in Tayle taking of every one a thousand pound In Fine it would raise with ease ten thousand pound And by a Iudicious election be a meanes to content those worthy Persons in the Common-wealth that by the confused admission of Many Knights of the Bath held themselves all this time disgraced 6 For Coyne and Bullion by which although some Kings out of a last shift have seemed to relieve themselves yet was it in truth full of danger and distrust to the Common-wealth being assured token of a Bankerupt State and to the Prince in conclusion of most disadvantage for the Revenewes of the Crowne being commonly in certaine Rents they must in true value howsoever in verball sound bee abated to the proportion that the money shall bee abased and every man will rate his Commodity in sale not according to the accompt of pence or pounds but to the weight of the pure Silver contained in the current money As for example that which was before the descrying of the Coyne worth five shillings in the pound weight will if the allay bee to the halfe bee held at ten shillings and so in every proportion respectively for money is not meerely to bee esteemed in respect of the sculpture or figure but it must value in Pecunin quantum in Massa and Silver is a Commodity as other wares and therefore holdeth his estimation as they doe according to the goodnesse And the Lord Treasurer Burleigh in Anno one thousand five hundred sixty one when the Court of State affected an abasement of Coyne after a grave deliberation advised the Queene from it and never would give way to any such resolution in his time But that benefit which truely the King may make more of Bullion then now hee doth is to erect againe Cambrium Regis his owne Exchange an Office as antient as before H. 3. and so continued untill the middle of H. 8. the profit of it being now ingrossed amongst a few Gold-smiths and would yeeld above two thousand pound a yeare if it were heedfully regarded and then should the King himselfe never want the materialls if two things were observed the one to permit all men bringing in Bullion to Trade outward the value thereof in domesticke Commodities at an abated Custome the other to abate the mighty indraught of Forraine Manufactures and unnecessary Wares that the outward Trade might over-ballance the inward which otherwise will as it hath done draw on this desperate consumption of the Common-wealth which in Anno twenty seaven E. 3. was otherwise for then the exitus exceeded the introitus pounds and in the last times of the late Queene for at this time the unmeasurable use of Luxurious Commodities was brought in as Wine Spices Silke and fine Linnen c. For of the latter sort above ten Groates the Ell there is above 360000 pound yearely spent which is halfe the value of our Cloths transported maketh the State to buy more then they doe sell whereas a good Father of a Family ought to be Vendacem and not Emacem Besides the condition of our people is now such that the greater part neither get nor save which in a private house is an apparant Argument of ruining and must be no lesse in a Common-wealth And it is observed generally that hence the want of Bullion now is such that there is not money in specie sufficient to pay the Lenders their principall so that Usury is paid for money upon supposition and not really If then his Majesty shall be pleased to advise of his Counsell to advantage himselfe any otherwise by Coynage it will be safe● to doe it upon a simple Metall then by any impliant or better suite which well