Money and The English Revolution

Written by Andy

2019-01-23 by Andy Chalkley

The English Revolution

also called

The Glorious Revolution 1640 – 1660

King Henry The First 1100

King Henry I created the tally stick system. This was to counter the private goldsmiths and moneychangers who were creating economic problems by manipulating the supply of gold coins. [411]

The tally sticks were the accepted form of payment of taxes from 1100 to 1826. [410] It is the ability to pay taxes that gives value to the tally sticks. Care has to be taken that the tally sticks are spent into society at about the same rate that they are taxed out of society. This system is very balanced because the issuing entity is the same as the taxing entity. When the issuing entity is different from the taxing entity, the system becomes unbalanced because money is filtered off each cycle as interest. It is an imbalance from which it is impossible to recover. The imbalance has been given the name ‘National Debt’ and economists are encouraged to talk as though this is natural. It is not natural and never was. ‘National Debt’ arrived when the kings tally stick money system was replaced with money issued by Private Banking Corporations. The tally stick system was the longest lasting money system in history. [410]

King Henry The Eighth 1509

Henry is famously remembered for having six wives, two of whom he had beheaded. [400] Henry’s struggles with Rome led to the separation of the Church of England from the Pope’s control. Roman Catholic law prevented the charging of interest on money. King Henry relaxed the Usury Laws. This put the money-changers in a strong position. For a few decades, they made their gold and silver money plentiful.

Queen Mary The First 1553

Queen Mary was a staunch Catholic. [401] She tightened the Usury Laws. The Money Changers, unfortunately, hoarded their gold and silver coin. Thus, the Money Changers managed to create an economic recession. Economic Recession is a crafty term that suggests that it is a mythical ‘Economy’ that causes the pain and suffering and deflects any criticism away from the Private Banking Corporations. To this day the Private Banking Corporations put the blame for their money shortages and manipulations onto the ‘Economy’ or the politicians. Our media quite happily reports “the economy is in recession” rather than “the bankers have created a recession” with a finishing line of “the current government is poor at controlling the economy”.

Queen Elizabeth The First 1558

Queen Elizabeth was determined to regain control of the money supply. She issued gold and silver coins from the Public Treasury. She took control of the money supply from the money changers. [402]

King James The First 1603

King Charles The First 1625

Tensions existed between the King and Parliament over finances. This was made worse by the costs of war abroad. There were also religious problems. [405] Charles dismissed Parliament in 1629. [405] Tax was raised by non-parliamentary means. [405] This was called: “The Eleven Years Tyranny” [405] Religious differences also influenced the English Revolution in 1642. However, monetary policy played the major role. Oliver Cromwell was financed by the Money-Changers.

English Revolution in 1642

In 1642, international money-changers financed Oliver Cromwell [403][402] for the purposes of starting a revolution in England so that they could take control of the money system again. Cromwell led a Civil War to overthrow the monarchy. [403][402] After much bloodshed, Cromwell finally purges the parliament and overthrows King Charles I.

Second Civil War of 1648

Later, they financed the Dutch William of Orange to invade England and overthrow King Charles. [403] This led to the Second Civil War of 1648, which ended with Cromwell’s victory at Preston in August. [405] This Parliament was known as the “Rump Parliament”. I consisted of forty-six men who were considered to be supporters of Cromwell. Only twenty-six of these voted to try the king. Therefore, even among those MPs considered loyal to Cromwell, there was no clear support to try Charles. [404]

Charles the First was Beheaded in 1649

Parliament appointed a High Court of Justice in January 1649 and Charles was charged with high treason against the people of England. The King’s trial opened on 20 January. He refused to answer the charges, saying that he did not recognize the authority of the High Court, but he was found guilty of the charges against him and sentenced to death on 27 January 1649. Three days later, Charles the First was beheaded on a scaffold outside the Banqueting House in Whitehall, London. [405] [413]

To avoid the automatic succession of Charles I’s son Charles, an Act was passed on 30 January forbidding the proclaiming of another monarch. On 7 February 1649, the office of King was formally abolished. [405] The Civil Wars were essentially confrontations between the monarchy and Parliament over the definitions of the powers of the monarchy and Parliament’s authority. [405]

Oliver Cromwell 1649 To 1653

In 1647 he argued in favour of a settlement with the king that would require King Charles to accept Cromwell’s political allies as his ministers. [409] From 1649 to 1653, Parliament ran England. Cromwell’s opinion was that it was not a system that worked effectively. Cromwell, backed by the army, sent home MPs and he became the effective leader of England from 1653 to 1658. [406] Oliver Cromwell rose from the middle ranks of English society to be Lord Protector of England, Scotland, and Ireland. He had played a leading role in bringing Charles I to trial and to execution. Oliver Cromwell undertook the most complete and the most brutal military conquest ever undertaken by the English over their neighbours. He brought in a degree of religious freedom otherwise unknown in England before the last one hundred years. The new way of running England collapsed within two years of his death. His corpse was dangled from a gibbet at Tyburn. He was one of the most contentious figures in world history. [412]

William Of Orange 1689

From 1672 William Of Orange governed over Holland, Zeeland, Utrecht, Guelders, and Overijssel of the Dutch Republic. From 1689 he reigned as William III over England and Ireland.

Conflicts with the Stuart Kings led the money changers in England to combine with those in the Netherlands to finance the invasion of William of Orange who over-threw the Stuarts in 1688 and took the English throne. [414]

William III (1650 to 1702), known as William of Orange, was Prince of Orange, Stadtholder of Holland, Zeeland, Utrecht, Gelderland and Overijssel in the Dutch Republic from 1672 and King of England, Ireland and Scotland from 1689 until his death in 1702.

The Money Changers then consolidated their financial power. For the next fifty years, the Money Changers plunged Great Britain into a series of costly wars. In the centre of London they took over one square mile of property which came to be known as ‘The City’. Today, this square mile along with Wall Street are still the two main financial centres of the world.

[400] www.princeton.edu/~achaney/tmve/wiki100k/docs/Henry_VIII_of_England.html
[401] www.iamthewitness.com/books/Andrew.Carrington.Hitchcock/The.History.of.the.Money.Changers.htm
[402] peoplesconference.org/timeline.html
[403] www.veteranstoday.com/2013/09/13/the-role-of-foreign-banks-in-us-history
[404] www.historylearningsite.co.uk/CharlesI_execution.htm
[405] www.royal.gov.uk/historyofthemonarchy/kingsandqueensoftheunitedkingdom/thestuarts/charlesi.aspx
[406] www.historylearningsite.co.uk/cromwell_england.htm
[408] www.british-civil-wars.co.uk/biog/charles1.htm
[409] www.bbc.co.uk/history/british/civil_war_revolution/cromwell_01.shtml
[410] peoplesconference.org/timeline.html
[411] www.veteranstoday.com/2013/09/13/the-role-of-foreign-banks-in-us-history
[412] www.bbc.co.uk/history/british/civil_war_revolution/cromwell_01.shtml
[413] www.british-civil-wars.co.uk/biog/charles1.htm
[414] peoplesconference.org/timeline.html

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