In 1538 this young Richard Williams got two foundations handed over to him—both in Huntingdon, and together amounting in value to about £500 a year.
We have seen on an earlier page how extremely difficult or impossible it is to estimate exactly in modern money the figures of the Dissolution. We have agreed that to multiply by twenty for a maximum is permissible, but that even then we shall not have anything like the true relation of any particular income to the general standard of wealth in a time when England was so much smaller than our England of to-day, and in an England where wealth had been until that moment so well divided, and especially in an England where the objects both of luxury and expenditure were so utterly different to our own: where all textile fabric was, for instance, so much dearer in proportion to food than it is now, and where yet a man could earn in a few weeks' labour what would with us be capital enough to stock a small farm.
It is safe to say, however, that when Cromwell had got his young relation—whatever that relationship was—into possession of the two foundations in Huntingdon, he had set him up as a considerable local gentleman, and whether it was the inheritance of the Cromwell blood through his mother, or something equally unpleasant in the heredity of his father, Morgan, young Williams ("alias Cromwell") did not stick there.
Early in 1540 he swallowed bodily the enormous revenues of Ramsey
Abbey.
Now to appreciate what that meant we must return to the case we have already established in the case of Westminster. Westminster almost alone of the great foundations remains with a certain splendour attached to it; we cannot, indeed, see all the dependencies as they used to stand to the south of the great Abbey. We cannot see the lively and populous community dependent upon it; still less can we appreciate what a figure it must have cut in the days when London was but a large country town, and when this walled monastic community stood in its full grandeur surrounded by its gardens and farms. But still, the object lesson afforded by the Abbey yet remains visible to us. We can see it as it was, and we know that its income must have represented in the England at that time infinitely more in outward effect than do to-day the largest private incomes of our English gentry: a Solomon Joel, for instance, or a Rothschild, does not occupy so great a place in modern England as did Westminster, at the close of the Middle Ages, in the very different England of its time.
Well, Ramsey was the equivalent of half Westminster, and young Williams swallowed it whole. He was not given it outright, but the price at which he bought it is significant of the way in which the monastic lands were distributed, and in which incidentally the squirearchy of England was founded. He bought it for less than three years' purchase. Where he got the money, or indeed whether he paid ready money at all, we do not know. If he did furnish the sum down we may suspect that he borrowed it from his uncle, and we may hope that that genial financier charged but a low rate of interest to one whom he had so signally favoured.
Contemporaneously with this vast accession of fortune, which made Williams the principal man in the county, Cromwell, now Earl of Essex, fell from favour, and was executed. The barony was revived for his son five months after his death and was not extinguished until the first years of the eighteenth century, but with this, the direct lineage of the King's Vicar-General, we are not concerned: our business is with the family of Williams.
Young Williams did not imitate his protector in showing any startling fidelity to the fallen. He became a courtier, was permanently in favour with the King and with the King's son, and died established in the great territorial position which he had come into by so singular an accident.
His son, Henry, maintained that position, and possibly increased it. He was four times High Sheriff of the two counties; he received Elizabeth, his sovereign and patroness, at his seat at Hinchinbrooke (one of the convents), and in general he played the rôle with which we are so tediously familiar in the case of the new and monstrous fortunes of our own times.
He was in Parliament also for the Queen, and it was his brother who moved the resolution of thanks to Elizabeth for the beheading of Mary Queen of Scots.