How did Henry VII raise revenue through Loans and Benevolences?

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How did Henry VII raise revenue through Loans and Benevolences?

2007-01-20 07:50:00 · 3 answers · asked by Eoin W 1 in Society & Culture ➔ Royalty

3 answers

"Benevolences" were sums of money extorted from the people in the guise of gifts. A celebrated minister of Henry VII collected a very large number of "benevolences" for his master. If a man lived economically, it was reasoned he was saving money and could afford a "present" for the king. If, on the contrary, he lived sumptuously, he was evidently wealthy and could likewise afford a "gift."

2007-01-23 01:07:39 · answer #1 · answered by BARROWMAN 6 · 0⤊ 0⤋

i think lloyds tsb lent a hand

2007-01-20 15:53:21 · answer #2 · answered by eez_62 2 · 1⤊ 1⤋

No drug dealing and busking

2007-01-20 18:05:42 · answer #3 · answered by Molly B 2 · 0⤊ 1⤋