Edward's return to London, and death of Henry VI, May, 1471.

On the night after Edward's return[935] in triumph to London, Henry VI ended his life in the Tower, murdered, in all probability, at the instance of the Duke of Gloucester, the king's brother, afterwards King Richard III. His remains lay in state at St. Paul's and at the Blackfriars a short while, and were then carried to Chertsey to be buried.[936] Edward distributed honours among his supporters in the city with a lavish hand. Not only did the Lord Mayor—the cautious Stokton—receive the honour of knighthood,[pg 317] but the aldermen[937] besides, whilst the city's doughty Recorder was soon afterwards raised to be Baron of the Exchequer. The City was so pleased with its Recorder that it voted him a pipe of wine annually, but the gift was not to be drawn into precedent.[938]

Birth of Edward V.

The rest of Edward's reign was undisturbed by any attempt to unseat the new dynasty, and his position was rendered the more secure by the birth of a son (afterwards Edward V) in the sanctuary of Westminster, whither his wife Elizabeth had fled for refuge. Before the young Prince of Wales was five years old he received the honour of knighthood at Westminster. The mayor and aldermen went to meet him on his way from the city to Westminster on that occasion, clad in scarlet robes, whilst the streets from Bishopsgate to Saint Paul's were thronged with the commons in their livery.[939]

The invasion of France, 1475.

Edward was now free to carry out his foreign policy. Parliament voted supplies to enable him to make war with France, but these were not sufficient, and he had recourse to a system of "benevolences" or free gifts, which few, however, dared to refuse. On the 30th May, 1475, he left the Bishop of London's palace in St. Paul's Church-yard, and, passing through Cheapside to London Bridge, took boat to Greenwich for the purpose of crossing over to France. The livery companies turned out to do him honour.[940] The expedition ended without a blow, Edward allowing[pg 318] himself to be bought off with a sum of 75,000 crowns paid down and a pension of 50,000 more. On his return he was met at Blackheath by the mayor and aldermen in scarlet gowns, with their servants in gowns of "musterdevilers," accompanied by more than 600 members of the companies in gowns of bright murrey.[941]

Edward and the citizens.

By resorting again to benevolences and exacting money from the City in return for charters, Edward avoided the necessity of summoning parliament between the years 1478 and 1483. On the 25th May, 1481, the king granted the City a general pardon,[942] and in the following month the City returned the compliment by a loan of 5,000 marks.[943] This loan was not only repaid, but the king in the next year extended his hospitality to the City by giving a large number of citizens a day's hunting in Waltham forest, and afterwards regaling them and their wives with venison and wine.[944]

A famine threatened, 1482.

The close of the year 1482 witnessed such a dearth of cereals that the exportation of wheat or other grain was absolutely forbidden. It was feared that a famine might arise in the City of London, so vast had its population become, both from the influx of nobles who had taken up their quarters within its walls as well as of strangers from foreign lands. Merchants were therefore encouraged to send their grain to London by a promise that it should not be intercepted by the king's purveyors.[945]