A city loan of £60,000 to King Charles, 1625.
The commencement of the reign of Charles I, like his father's, was marked by a recurrence of the plague, which greatly affected the trade of the city. Matters were made worse by an application from the Lord High Treasurer for a loan of £60,000 to the king within a few weeks of Charles ascending the throne. He promised that the money, which was wanted for fitting out the fleet which the late king was busy preparing at the time of his death, should be repaid in six months. Interest would be allowed at the rate of eight per cent., and Charles would give mortgage security for repayment of this as well as of the sum of £100,000 borrowed by James.[285] After mature deliberation the Common Council agreed (16 April) to accede to the Lord Treasurer's request, and appointed two representatives of each ward to consult with the mayor and aldermen as to the mode of raising the amount, as well as to consider the nature of the security offered. On the 20th May the Common Council received the committee's report on the matter.[286] It recommended that the money should be borrowed and taken up by twenty aldermen and one hundred commoners nominated for the purpose; that five commoners should be allotted to each alderman, and that they should stand bound for[pg 093] the sum of £3,000. Any alderman or commoner refusing to be so joined was to be forced to lend £1,000 on his own account. The assurance of the king's lands was to be made in the names of such aldermen and commoners as the Court of Aldermen should appoint. A week later (27 May) the Court of Aldermen, in anticipation of the money being raised, ordered an advance to be made to the king out of the City's Chamber of the sum of £14,000.[287] On the 2nd June the king's mortgage was executed;[288] and there being no longer any necessity for keeping the bonds entered into by various aldermen for the payment of interest due to contributors to the loan of £100,000, they were ordered to be cancelled.[289] In November the lords of the council wrote to the City for an extension of time for the repayment of the £60,000.[290]
Arrival of Henrietta Maria in London, June, 1625.
On the 1st May Charles was married by proxy at Paris to Henrietta Maria. When the news of the marriage treaty between England and France reached London in the previous November the citizens showed their joy by bonfires and fireworks.[291] They forgot for a while the danger likely to arise from the heir to the throne allying himself in marriage with a Catholic princess. On her arrival in the Thames in June the citizens gave her a hearty welcome, whilst the fleet, which was about to set sail—few knew whither—fired such a salute as the queen had never heard before.[292]
The expedition to Cadiz, 1625.
In the meantime (1 May) Charles had issued his warrant to the lord mayor for levying 1,000 men—"part of 10,000 to be raised by our dear father's gracious purpose, according to the advice of both his Houses of Parliament, in contemplation of the distress and necessity of our dear brother and sister."[293] He thought that if he could only gain a victory it would serve to draw a veil over his delinquencies. The City was to be assisted by the county of Middlesex in raising the men,[294] and an allowance was made for "coat and conduct money" for the soldiers at the rate of eightpence apiece per day for their journey to Plymouth, the place where they were to embark (£400), and four shillings a coat (£200), the pay of a captain being four shillings a day.[295] The mayor's precept to the aldermen to raise the men enjoined them to search all inns, taverns, alehouses, "tabling-houses" and tobacco-houses, and to press, especially, all "tapsters, ostlers, chamberlains, vagrants, idle and suspected persons."[296] By August the condition of the troops at Plymouth was pitiable. No money was forthcoming for wages, and the soldiers were forced to forage for themselves in the neighbouring country. At last the fleet set sail (8 Oct., 1625). Its destination proved to be Cadiz, whither it was despatched in the hope of securing West Indian treasure on its way home. The expedition, however, turned out to be as complete a failure as that under Mansfeld in the previous year.
The plague of 1625.
The citizen soldiers returned to find their city almost deserted owing to the ravages of the plague. In July the sickness had been so great as to necessitate the adjournment of parliament to Oxford.[297] The colder weather, as winter approached, appears to have made but little difference. Dr. Donne, the Dean of St. Paul's, estimated that in November there died a thousand a day in the city of London and within the circuit of a mile. "The citizens fled away as out of a house on fire," he writes,[298] they "stuffed their pockets with their best ware and threw themselves into the highways, and were not received so much as into barns, and perished so, some of them with more money about them than would have bought the village where they died." Donne himself removed to Chelsea, but the infection even there became so great that "it was no good manners to go to any other place," and Donne therefore did not go to court. As early as September the want and misery in the city was described as being the greatest that ever any man living knew: "No trading at all, the rich all gone, house-keepers and apprentices of manual trades begging in the streets, and that in such a lamentable manner as will make the strongest heart to yearn."[299]
The City called upon to furnish five ships for the defense of the river, Jan. 1626.
The new year brought relief, and Sunday, the 29th Jan. (1626) was appointed a solemn day of thanksgiving to Almighty God for his mercy in "stayinge his hand."[300] The civic authorities, however,[pg 096] were scarcely rid of one trouble before they found others springing up. Towards the close of the last year a committee had been appointed by the Court of Aldermen to devise measures for relieving the City from the burden of supplying military arms and "other like services" such as they had recently been called upon to perform.[301] The committee had not been long appointed before the City was called upon to look to its stock of gunpowder, prepare the trained bands,[302] and furnish the king with five ships towards protecting the river. This last demand was made on the ground that they had furnished vessels for the same purpose in the reign of Elizabeth.[303] The Court of Aldermen objected. Times were changed since Elizabeth's day, the lords of the council were informed in reply; the galleys then furnished by the City were only wanted for a short time and when the country was threatened with an invasion; but even then considerable difficulty was experienced before the Common Council passed an Act for supplying the vessels. At the present time, when the City was in a far worse condition than then, there was little or no hope of a similar Act being passed.[304]