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Auction: 18038 - Autographs, Historical Documents, Ephemera and Postal History
Lot: 3016

Autographs
Roll of Loans, Lancashire
1627 (c.) Roll of Loans promised to Charles I by individuals in the Hundred of Salford (one of the subdivisions of the historic county of Lancashire), notably Salford, Manchester, Withington and Heaton Norris. Written on large paper roughly folded and showing noticeable signs of ageing.


"A newe Rowle or list of the names of such persons in the hundred of Salford and Countie of Lancaster as have prmised (and) undertaken to lend unto the kings most Excellent Majestie the severall sommes of money sett uppon theire saide names as they were assessed in the bookes of the last subsidye accordinge to his Majesties pleasure signified by his highness Comission and booke of Instruccions for his highness present Supply for defence of his honor Kingdoms and Religion uppon assurance that this Course which att this tyme Inforced of necessitie shall not be drawne into example or president in future tymes ... In wittnes whereof wee the said Comissioners have to theise present Rolles indented sett our Seales and subscribed our names the XVIIth daie of May Anno ... ".


This is an important document that illustrates the awkward financial situation that Charles I's Kingdom had come under in preparations for war. Photo

This document was drawn up at a time when raising funds through government was difficult. Previously Charles I's government had voted only two subsidies, around one-seventh of what was required. Out of necessity, Charles I forced a loan to be "raised by comissioners who were to exact from all men rated in the subsidy books sums equivalent to what they would have paid if parliament had voted five subsidies", (G. Davies). By 1627, the King was imprisoning those who refused to contribute which was found in court to be unlawful with prisoners released in 1628.


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Sold for
£240