Through the prevalence of such an arbitrary and iniquitous administration, the English, it may safely be affirmed, were considerable losers by their ancient privileges, which secured them from all taxations, except such as were imposed by their own consent in parliament. Had the king been empowered to levy general taxes at pleasure, he would naturally have abstained from these oppressive expedients, which destroyed all security in private property, and begat a universal diffidence throughout the nation. In vain did the people look for protection from the parliament, which was pretty frequently summoned during this reign.

1504.

That assembly was so overawed, that at this very time, during the greatest rage of Henry’s oppressions, the commons chose Dudley their speaker, the very man who was the chief instrument of his iniquities. And though the king was known to be immensely opulent, and had no pretence of wars or expensive enterprises of any kind, they granted him the subsidy which he demanded. But so insatiable was his avarice, that next year he levied a new benevolence, and renewed that arbitrary and oppressive method of taxation.

1505.

By all these arts of accumulation, joined to a rigid frugality in his expense, he so filled his coffers, that he is said to have possessed in ready money the sum of one million eight hundred thousand pounds; a treasure almost incredible, if we consider the scarcity of money in those times.[**]

* Bacon, p. 629, 630. Holingshed, p. 504. Polyd. Virg. p.
613, 615.
** Silver was during this reign at thirty-seven shillings
and six pence a pound, which makes Henry’s treasure near
three millions of our present money. Besides, many
commodities have become above thrice as dear by the increase
of gold and silver in Europe. And what is a circumstance of
still greater weight, all other states were then very poor,
in comparison of what they are at present. These
circumstances make Henry’s treasure appear very great, and
may lead us to conceive the oppressions of his government.

But while Henry was enriching himself by the spoils of his oppressed people, there happened an event abroad which engaged his attention, and was even the object of his anxiety and concern: Isabella, queen of Castile, died about this time and it was foreseen that by this incident the fortunes of Ferdinand, her husband, would be much affected. The king was not only attentive to the fate of his ally, and watchful lest the general system of Europe should be affected by so important an event; he also considered the similarity of his own situation with that of Ferdinand, and regarded the issue of these transactions as a precedent for himself. Joan, the daughter of Ferdinand by Isabella, was married to the archduke Philip, and being, in right of her mother, heir of Castile, seemed entitled to dispute with Ferdinand the present possession of that kingdom. Henry knew that, notwithstanding his own pretensions by the house of Lancaster, the greater part of the nation was convinced of the superiority of his wife’s title; and he dreaded lest the prince of Wales, who was daily advancing towards manhood, might be tempted by ambition to lay immediate claim to the crown. By his perpetual attention to depress the partisans of the York family, he had more closely united them into one party, and increased their desire of shaking off that yoke under which they had so long labored, and of taking every advantage which his oppressive government should give his enemies against him. And as he possessed no independent force like Ferdinand, and governed a kingdom more turbulent and unruly, which he himself by his narrow politics had confirmed in factious prejudices, he apprehended that his situation would prove in the issue still more precarious.

Nothing at first could turn out more contrary to the king’s wishes than the transactions in Spain. Ferdinand, as well as Henry, had become very unpopular, and from a like cause, his former exactions and impositions; and the states of Castile discovered an evident resolution of preferring the title of Philip and Joan.

1506.

In order, to take advantage of these favorable dispositions, the archduke, now king of Castile, attended by his consort, embarked for Spain during the winter season; but meeting with a violent tempest in the Channel, was obliged to take shelter in the harbor of Weymouth. Sir John Trenchard, a gentleman of authority in the county of Dorset, hearing of a fleet upon the coast, had assembled some forces; and being joined by Sir John Cary, who was also at the head of an armed body, he came to that town. Finding that Philip, in order to relieve his sickness and fatigue, was already come ashore, he invited him to his house; and immediately despatched a messenger to inform the court of this important incident. The king sent in all haste the earl of Arundel to compliment Philip on his arrival in England, and to inform him that he intended to pay him a visit in person, and to give him a suitable reception in his dominions. Philip knew that he could not now depart without the king’s consent; and therefore, for the sake of despatch, he resolved to anticipate his visit, and to have an interview with him at Windsor. Henry received him with all the magnificence possible, and with all the seeming cordiality; but he resolved, notwithstanding, to draw some advantage from this involuntary visit paid him by his royal guest.