Henry built up royal funds by using every available procedure of government to get money, by maximizing income from royal estates by transferring authority over them from the Exchequer to knowledgeable receivers, and from forfeitures of land and property due to attainders of treason. He also personally reviewed all accounts and initialed every page, making sure that all payments were made. He regularly ordered all men with an income of 800s. [40 pounds] yearly from lands or revenue in hand to receive knighthoods, which were avoided by those who did not want to fight, or pay a high fee. As a result, the Crown became rich and therefore powerful.
Henry's Queen, Elizabeth, was a good influence on his character. Her active beneficence was a counteracting influence to his avaricious predisposition. When Henry and his Queen traveled through the nation, they often stopped to talk to the common people. They sometimes gave away money, such as to a man who had lost his hand. Henry paid for an intelligent boy he met to go to school.
Henry had the first paper mill erected in the nation. He fostered the reading of books and the study of Roman law, the classics, and the Bible. He had his own library and gave books to other libraries.
The age of entry to university was between 13 and 16. It took four years' study of grammar, logic, and rhetoric to achieve the Bachelor of Arts degree and another five before a master could begin a specialized study of the civil law, canon law, theology, or medicine. Arabic numbers replaced Roman numerals, making easy multiplication and division possible. Humanist studies were espoused by individual scholars at the three centers of higher learning: Oxford University, Cambridge University, and the Inns of Court in London. The Inns of Court attracted the sons of gentry and merchants pursuing practical and social accomplishments. The text of 'readings' to members of the inns survive from this time. In the legalistic climate of these times, attorneys were prosperous.
The enclosure of land by hedges for sheep farming continued, especially by rich merchants who bought country land for this purpose. Often this was land that had been under the plough. Any villeins were given their freedom and they and the tenants at will were thrown off it immediately. That land held by copyholders of land who had only a life estate, was withheld from their sons. Only freeholders and copyholders with the custom of the manor in their favor were secure against eviction. But they could be pressured to sell by tactics such as breeding rabbits or keeping geese on adjoining land to the detriment of their crops, or preventing them from taking their traditional short cuts across the now enclosed land to their fields. The real line of distinction between rural people was one of material means instead of legal status: free or unfree. On one extreme was the well-to-do yeoman farmer farming his own land. On the other extreme was the agricultural laborer working for wages. Henry made several proclamations ordering certain enclosures to be destroyed and tillage to be restored.
Other land put to use for sheep breeding was waste land. There were three sheep to every person. The nearby woodlands no longer had wolves or lynx who could kill the sheep. Bears and elk are also gone.
There were still deer, wild boar, wildcats and wild cattle in vast forests for the lords to hunt. Wood was used for houses, arms, carts, bridges, and ships.
The villages were still isolated from each other, so that a visitor from miles away was treated as warily as a foreigner. Most people lived and died where they had been born. A person's dialect indicated his place of origin. The life of the village still revolved around the church. In some parishes, its activities were highly organized, with different groups performing different functions. For example, the matrons looked after a certain altar; the maidens raised money for a chapel or saw to the gilding of the images; the older men collected money for church repair; and the younger men organized the church ales and the church plays. Wills often left property or rents from leased land to the church. Cows and sheep given could be leased out to villagers. Buildings given could be leased out, turned over to the poor, used to brew ale or bake bread for church ales, or used in general as a place for church activities. Church ales would usually a good source of income; alehouses would be closed during the ceremonies and parishioners would contribute malt for the ale and grain, eggs, butter, cheese, and fruits.
The largest town, London, had a population of about 70,000. Other towns had a population less than 20,000. The population was increasing, but did not reach the level of the period just before the black death.
In most large towns, there were groups of tailors and hatmakers, glovers, and other leatherworkers. Some towns had a specialization due to their proximity to the sources of raw materials, such as nails, cutlery, and effigies and altars. Despite the spread of wool manufacturing to the countryside, there was a marked increase of industry and prosperity in the towns. The principal streets of the larger towns were paved with gravel. Guild halls became important and imposing architecturally.