Loans

Sponsor

Centre for Metropolitan History

Publication

Author

W. H. and H. C. Overall (editors)

Year published

1878

Supporting documents

Pages

185-201

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'Loans', Analytical index to the series of records known as the Remembrancia: 1579-1664 (1878), pp. 185-201. URL: http://british-history.ac.uk/report.aspx?compid=59946 Date accessed: 22 September 2014.


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Contents

Loans.

I. 87. Letter from the Lord Bishop of London to the Lord Mayor and Court of Aldermen, forwarding letters lately received from the City of Rochelle, expressing their inability, on account of their poverty, and also because they were forced still to stand upon their defence for the maintenance of the common cause, "True Religion," to repay the loan granted to them by the City, and praying that the same might be remitted.

Dated from his House in St. Paul's Churchyard, 12th February, 1579.

I. 393. Letter from the Lord Mayor to Sir Francis Walsingham, Knight, informing him that a person had come over with new power to protest on behalf of Bierbaum against the City, upon their bond for the debt of Her Majesty. The protest contained very rude and uncomely words touching Her Majesty's credit. The Lord Mayor requests him to consider the case, for which purpose he has directed the parties with the notary to attend upon him. The letter further reminds him of Her Majesty's counter-bond for the debt to Horatio Palavicino.
6th August, 1582.

I. 499. Letter from the Lord Mayor to Sir Francis Walsingham, Knight, informing him that the Court of Aldermen had again received letters of petition from Gerard Breboom, announcing his intention to have speedy satisfaction both of his principal and interest, or to proceed upon the City's bond. Upon application being made to him, he had consented to stay proceedings for a few days, until the matter had been brought to the notice of the Council. The Lord Mayor requests that Her Majesty and the Council may be moved to stay the perils likely to accrue to the City, and also reminds him that the City had not yet received Her Majesty's counter-bond, either for that debt or for the debt to Horatio Palavicino.
27th April, 1583.

I. 513. Letter from the Lords of the Council to the Lord Mayor and Aldermen, informing them that Her Majesty had thought it good to reduce the debt standing in the names of Horatio Palavicino and Baptista Spinola, to the name of Pallavicino only, and bonds should be accordingly delivered to him for his indemnity, as well for the principal as for a yearly annuity. Her Majesty therefore desired that the bonds sent should be given by the City to him, one for 33,374l. 4s. 4d., and one for the annuity of 3,337l. 8s., the said Horatio delivering up to the City six bonds for 33,626l. 13s. 10d., and one other for the annuity of 2,942l. IIs. 4d. Her Majesty would then give the City indemnity for the same, as had been the custom in like cases.
10th June, 1583.

I. 515. Letter from Sir Francis Walsingham to the Lord Mayor and Aldermen, informing them that one of the City bonds delivered to Horatio Palavicino, for money disbursed by him for Her Majesty's service, had, by the negligence of some of the City officers, remained undated, and signifying Her Majesty's pleasure that a new bond, framed in sufficient form, should be at once given to him, for which she would give the City an indemnity.
21st June, 1583.

I. 658. Letter from the Lord Mayor to the Lord Treasurer, forwarding a Petition he had received from several Citizens who had advanced certain sums of money, by way of loan, to Her Majesty, for a year. The time having expired about four months since, they were desirous of repayment. He requested that an answer to their petition might be sent by Dr. Fletcher, whom he had desired to remind his Lordship of the two suits which had been long depending, viz.:1st, for appointing a commission to inquire into the bounds betwixt the City and the Tower of London; and 2nd, for his warrant to the Attorney and Solicitor-General to sign the book of rules referring to the jurisdiction of the Thames.
24th April, 1592.

II. 1. Letter from John Baptista Justiniani, in the name of Signor Fabritio Palavicino, of Jeane, to the Lord Mayor and Aldermen, begging them to intercede with Her Majesty (Queen Elizabeth) for payment of an annuity due to Sir Horatio Palavicino, Knight, for money lent.
(Circa 1592.)

II. 156 Letter from the Lord Mayor to the Lord Treasurer, inclosing a Petition from Signor Fabritio Palavicino, of Jean, for payment of an annuity out of the Exchequer for the sum of 28,948l. 10s. 6d., lent by him to Her Majesty.
29th April, 1596.

II. 195. Letter from the Lord Treasurer (Buckhurst) to the Lord Mayor, concerning a loan of 60,000l. to Her Majesty on the security of the Carrick goods. (fn. 1)
22nd January, 1602.

II. 196. A second letter upon the same subject.
28th January, 1602.

II. 203. Letter from the Lord Mayor and Aldermen to Lord inclosing the Petition of Baptista Justiniano in the name of Fabritio Palavicino, complaining of the non-payment of certain sums of money lend by him to Her Majesty.
15th July, 1602.

II. 219. Petition from the Lord Mayor, Aldermen, and Commonalty, to the Queen, beseeching Her Majesty to give orders for the discharge of an annuity of 2,894l. 17s., granted to Sir Horatio Palavicino, Knight, and for the payment of the sum of 28,948l. 10s. 6d., for which the City became bond, by Her Majesty's request, fourteen years since.
(Circa 1602.)

II. 220. Letter from the Lord Mayor to the Lord Treasurer, for payment of money lent by the Citizens to Her Majesty in 1598, and which, although often promised, had not been repaid.
(Circa 1602.)

II. 224. Letter from the Lord Mayor to the Lord Treasurer, in answer to the request for a loan of 60,000l. from the Citizens upon the security of the Carrick goods.
22nd January, 1602.

II. 225. Letter from the Lord Mayor to the Lord Treasurer upon the same subject.
29th January, 1602.

II. 235. Letter from the Lord Mayor to the Lord Treasurer, stating that he had conferred with the Citizens named by him, and found them unable to advance 20,000l. by way of loan for six months, taking the Carrick goods to the value of 30,000l. in pawn.
27th April, 1603.

II. 256. Letter from the Lord Mayor and Aldermen to the Lord Treasurer, concerning the payment to the Citizens of a loan (the marginal reference says 63,000l.) lent by the City to the Queen's Majesty.
1st August, 1605.

II. 277. Letter from the Lord Mayor to the Lord Treasurer (the Earl of Dorset), informing him of the selection of John Eldred and William Ferris by the lenders of 60,000l. to the late Queen (Elizabeth) to receive and give an acquittance on their behalf for the sum of 20,000l., part thereof.
20th December, 1606.

II. 310. Letter from the Lord Mayor to Sir Julius Cæsar, Knight, Chancellor of the Exchequer, as to the loan from the City to the King.
20th February, 1607.

III. 6. Order of the Court of Aldermen, reciting that a Petition had been presented to them by Fabritio Pallavecine, gentleman, brother of Sir Horatio Pallavecine, Knight, deceased, stating that the Corporation had become sureties for the late Queen (Elizabeth), for payment of certain sums, of which 13,000l. remained unpaid, and that although he might take a course by the stay and seizure of the goods of London merchants out of her Majesty's dominions, yet, for the respect he bore the City, he rather chose to obtain the same by way of entreaty, and directing the Remembrancer to frame a letter to the Privy Council, desiring them to move the King, that some order might be taken for the satisfaction of the debt or indemnity of the City, that the goods of their merchants might not be stayed and impeached in foreign nations.
7th February, 1610.

III. 7. Letter to the Privy Council, prepared in accordance with the foregoing Order.

III. 34. Letter from the Lord Mayor to the Lord Treasurer, requesting his assistance on behalf of Mr. Langley, (fn. 2) Deputy Town Clerk, and Mr. Dyos, (fn. 3) the Remembrancer, that they might be repaid moneys lent by them upon Privy Seals, (fn. 4) their predecessors in office, in consideration of their public employments, not having been charged with such loans.
25th December, 1611.

Note in margin.—"Upon this letter the Lord Treasurer commended the Petitioners to the Chancellor of the Exchequer, by whom they were discharged of their Privy Seals."

III. 36. Letter from the Lord Mayor to Sir Julius Cesar, Chancellor of the Exchequer, to the same effect as No. 34.
30th January, 1611.

III. 58. Letter from the Lords of the Council to the Lord Mayor, with respect to the loan of 100,000l. to the King, by the Lord Mayor and his brethren, the Aldermen, upon which it had been agreed that the King should be allowed further time for payment, and that the present assurance upon the Customs held by them should be surrendered, and a new one given them, and requesting the Lord Mayor to send for all the Aldermen at once, that the surrender might be made without delay.
12th September, 1612.

III. 79. Letter from the Lords of the Council to the Lord Mayor and Court of Aldermen, stating that an English merchant having been arrested and his goods seized, by the State of Genoa, at the instance of John Vincentio Lamalene, for a debt alleged to be due to him by the King, for money lent to the late Queen, by Sir Horatio Palavicino, the King commanded that certain merchants and subjects of the State of Genoa should be likewise arrested and imprisoned, and their goods sequestered, until His Majesty's subjects and their goods were released.
19th February, 1612.

III. 81. Letter from the Lords of the Council to the Lord Mayor, referring to their Letter for the arresting and imprisoning of divers merchants of Genoa, and amongst them of one Philip Bernardi, and requesting that as he was employed on His Majesty's affairs he should not be molested or arrested.
24th February, 1612.

III. 88. Letter from the Lords of the Council to the Lord Mayor, stating that the English merchant arrested at Genoa had been released, and his goods restored, and directing that the Genoese merchants arrested by their former order should be set at liberty, and their goods re-delivered to them.
14th March, 1612.

III. 152. Letter from the King to the Lord Mayor, intimating that the occasions of his service required immediate use of large sums of money, whereof he had been disappointed by the sudden dissolution of the late intended Parliament, and requiring him to take steps to furnish His Majesty, by way of loan, with the sum of 100,000l., for which he should receive sufficient security.
Greenwich, 26th June, 12 James I. (1614.)

IV. 64. Letter from the Lords of the Council to the Lord Mayor and Court of Aldermen, requesting them to procure from the Citizens a loan of 60,000l. for the use of His Majesty.
2nd March, 1616.

IV. 75. Letter from the Lords of the Council to the Lord Mayor and Court of Aldermen, with reference to the loan of 60,000l. for the King's service, and complaining of the delay which had occurred in procuring the money.
28th May, 1617.

IV. 77. Letter from the Earl of Suffolk, Lord Treasurer, requesting that the balance of the loan for His Majesty's service might be forthwith sent in.
Audley End, 12th June, 1617.

IV. 79. Letter from the Earl of Suffolk, Lord Treasurer, to Mr. Byngley, (fn. 5) requiring that the assessment made upon Mr. John Eldred, (fn. 6) a London merchant, in respect of the loan might be reduced from 1,000l. to 600l.
24th June, 1617.

IV. 81. Warrant from the Lordsd of the Council to the Lord Mayor and Aldermen, or to any of their Ministers, requring them to make search for, and, if apprecheded, bring before the Council, William Cater, a Citizen of london, who, having been often sent for by them and the Lord Mayor, upon occasion concerning the King's special service, had kept out of the way.
11th July, 1617.

IV. 82. Further Letter from the Lord Council to the Lord Mayor and Court of Aldermen, complaning of the delays in completing the loan required for His Majesty's service, and directing the amount required to be made up by the first of August ensuing.
13th July, 1617.

IV. 84. Letter from the Earl of Suffolk, Lord Treasurer, to the Lord Mayor, stating that he had by chance lighted on Mr. Cater (whom they had all while been unale to find), at Audley End, and to the Lord Mayor to take such course with him as he should him to the Lord Mayor to take such course with him as he should think best.
Audley End, 31st July, 1617.

A Postscript says, that as the writer heard there was much difficuty to get money to suppy the sum promised, he could wish Mr. Cater might not be rated to lend than 1,5001.

IV. 103. Letter from the lords of the Council to the Lord Mayor and Court of Aldermen, intimating that His Majesty, on account of his urgent and unexpected occasions for the necessary service of the State, was unable to repay the loan, and therefore requested forberance for a twelvemonth longer.
17th March, 1617.

V. 72. Petition from the Lord Mayor, Aldermen, and Commons of the City of London to the King with reference to the Moneys lent to His Majesty, and the inconveniences arising by reason of the postponement of the payment thereof, and praying that an assinment of 25,000l. per annum out of the Customs might be made to them until the principal and interest should be fully satisfied; and that they might be permitted, with the assistance of Council, to draw up such an assignment as should be free from future question, and also to retain the assurance they then had for the moneys until they were fully paid.
(Circa 1620.)

A note follows that the Petition was by the King verbally referred to Lord Verulam, Lord Chancellor, and Sir Lionel Cranfield, Master of the Wards, and that His Majesty had agreed to ratify what they should do; that they agreed to a payment of 20,000l. per annum, in equal half-yearly portions, on account of principal and interest, past and to come, as appeared by a Certificate of the King's pleasure signified by the Master of the Wards under his hand, upon which a Writ of Privy Seal was obtained, and a Warrant from the Lord Treasurer, dated 12th July, 1620, for payment of 10,000l. for interest.

V. 79. Letter from Lords Lenox, Pemborke, Southampton, (fn. 7) and Doncaster, (fn. 8) to the Lord Mayor and Court of Aldermen, requesting the loan of 3,000l. or 4,000l., out of the Chamber or otherwise, for a business which they wished very well unto, the money to be paid to Philip Burlamachy, (fn. 9) and Pledging themselves to repay it without fail next Michaelmas term.
25th July, 1620.

V. 114. Petition from the Mayor, Commonalty, and Citizens of the City of London to the King, reciting that he had been pleased to give order for repayment of the moneys lent to him on his going into Scotland, (fn. 10) by half-yearly instalments of 10,000l., but they could not obtain payment. They therefore prayed that he would give an express and absolute order for the payment of the 20,000l. then due, and some particular assignation for the future payments.
In margin, 22nd September, 1621.

VI. 1. Petition of the Mayor, Aldermen, and Commons of the City of London to the King, with reference to the Payment of money, borrowed by him of the City on his going into Scotland, for which they had received many gracious promises, and sometimes orders by Privy Seal for a beginning of payment, but nothing had been effected, although the Petitioners had daily complaints from widows, orphans, and other decayed persons, who suffered extremely for want thereof. They therefore prayed that His Majesty would give express order for payment.
Delivered in December (probably 1622).

VI. 54. Petition of sundry Citizens to the Lord Mayor and Court of Aldermen, reciting that they had advanced several sums of money towards the 100,000l. lent to his Majesty by the City, for which the Petitioners held security under the City seal; that the money had long since become due, and only one year's interest had been paid: for want of the money they were greatly burdened in their trade; they prayed that the principal and interest might be paid.
(Circa 1623–4.)

VI. 59. Letter from the Lord Mayor and Court of Aldermen to Sir Sidney Montague, (fn. 11) acknowledging the receipt of his letter concerning a Petition from Thomas Wood to His Majesty, and informing him that the bond referred to by the Petitioner was given by the City, under their Common Seal, for the payment of a lesser sum lent by William Abbott, and was part of the money advanced by the City to the King when he went into Scotland. When His Majesty made payment thereof, the Petitioner would receive satisfaction.
(Circa 1623–4.)

VI. 60. Copy of the Petition of Thomas Wood to the King, referred to in the foregoing letter.
(Circa 1623–4.)

VI. 61. Order signed by Sir Sidney Montague thereon, intimating His Majesty's pleasure that the Petition should be shown to the Lord Mayor and Court of Aldermen, that they might afford the Petitioner satisfaction according to justice, or else return their answer to the complaint, that further order might be taken for the Petitioner's relief. From the Court at Newmarket, 28th November, 1624.

VI. 76. Order in Council, reciting the complaint of the Recorder, Aldermen, and Commons of the City of London, by their Petition, against Tobie Pallavicine, son and heir of Sir Horatio Pallavicine, Knight, deceased, for bringing the City in question, and prosecuting the law for an old debt of 14,000l., supposed to be lent by Sir Horatio to Queen Elizabeth, before 1588. The Council, considering that the City became bound in that sum not as principal but as sureties, and that the Crown was to save them harmless, order that the Lord Treasurer and the Chancellor of the Exchequer should be entreated to take some legal steps in the Court of Exchequer to stay the suit, and that the Attorney-General should consider both as to the state of the cause and the means how the Petitioners might be discharged.
20th October, 1626.

VII. 78. Letter from the Lords of the Council to the Lord Mayor, expressing His Majesty's desire for the City's forbearance for a period of six months longer, of the 60,000l. lately lent to him, and intimating his intention to pay interest for the same.
Hampton Court, 9th November, 1625.

VI. 85. Letter from the Lord Mayor to the Lord Treasurer, forwarding a Petition which the City proposed to present to the King, wherein he might perceive the danger they were run into, unless the King vouchsafed to relieve them, and requesting him to favour them by moving the King for a view and examination of the business, and that thereupon he would procure the City's discharge of their engagement, for what should appear due.

Note in margin.—A letter to the Lord Treasurer, concerning Pallavicine's money in June, 1626.

VI. 87. Petition from the Lord Mayor, Aldermen, and Commons of the City of London, reciting that in the twenty-fifth year of the reign of Queen Elizabeth, and at her request, they had given assurance by bond, under the City's Seal, for the repayment of a great sum of money lent to her by Sir Horatio Pallavicine, Knight; Her Majesty also gave him assurance under the Great Seal, and on the back thereof divers of the Lords of her Privy Council made an honourable undertaking for the repayment of the money, part of which was claimed of the City by Fabritio Pallavicine, after the death of Sir Horatio, his brother, in the time of the late King, James the First, and (as they conceived) some order was then taken that had quieted the business ever since, yet one Toby Pallavicine, son and administrator of Sir Horatio, now laid fresh claim to 14,000l., or thereabouts, of the debt. By some speeches lately given out, they conceived he purposed to seek payment by arrest of their goods in foreign parts. They therefore prayed that some course might be taken to examine the said debt, and what part of it had been paid or otherwise satisfied, that order might be taken to discharge the City thereof, and thereby deliver the Citizens from fear of such courses as were threatened, and enable them to follow their trades with like freedom as in former times.
Date in margin, June, 1626.

VI. 89. Letter from the Lords of the Council to the Lord Mayor and Court of Aldermen, reciting that they had lately acquainted some of them with the manifold necessities of the King, and the whole State, on account of the strong, prepatations of the enemy for an invasion, and the want of means for defence by reason of the lack of a present supply of money. The Council had also informed them of the King's moderate desire for a loan of 100,000l., and they had received for answer frivolous excuses. The Council had therefore thought fit to require in writing that, all excuses set apart, they should again enter into the business, and behave themselves as Magistrates and Governors so highly entrusted, and in such a time, and return an answer to His Majesty, at Greenwich, on Sunday next, that he might know how far he could rely on their faith and duty, or, in default, might frame his courses as appertained to a king, on such necessities and important occasions.
Whitehall, 22nd June, 1626.

VI. 90. Letter from the Lord Treasurer to the Lord Mayor and Court of Aldermen, with directions for the disposal of the sum of 20,000l., to be lent by them for present and important services that would not admit of delay, and requesting that, as it was required in such haste that it could not safely be deferred till payment could be made by the orderly way of the Exchequer, the money might be forthwith paid according to the King's directions. The orders and tallies in the Exchequer should be made ready with as much speed as possible.
Whitehall, 6th July, 1626.

VI. 105. Letter from the Lords of the Council to the Lord Mayor, remainding him of the King's many and urgent occasions for the employment of money. The greatest part of the kingdom had well expressed their affection, and sent in their moneys to the Exchequer. Because London was found so slack, they were commanded to call upon the Lord Mayor to send in by Wednesday next the moneys already collected of that loan, and to call for all moneys promised.
Whitehall, 14th June, 1627.

VI. 125. Petition of the Mayor, Aldermen, and Commons of the City of London to the King, stating that they had often troubled him with petitions for repayment of the moneys they furnished him on his going into Scotland, together with the interest due thereon, of which they had received none of the principal, and only one year's interest, although His Majesty had several times given directions for steps to be taken for payment. Time had wrought alterations in the conditions of the lenders; some were dead, and their widows and orphans cried out for payment; some were decayed and imprisoned, and others likely to undergo the same calamity if steps were not speedily taken for their relief. The City's Seal, which had been given by his commands as security to the lenders, suffered as never it had done before, and several suits had been commenced against the Chamber of London in the Courts at Westminster, to which they knew not how to give satisfactory answer. They therefore prayed that he would give order for such payment to be made to them as might give relief to the distressed and comfort to them all.

An Order follows, signed by Secretary Sir Edward Conway, dated Theobalds, July 1624, directing the King's two principal secretaries and the Chancellor of the Exchequer to consider how His Majesty might most conveniently satisfy the debts mentioned in the petition.

VI. 140. Petition of sundry Citizens of London to the Lord Mayor and Court of Aldermen. Copy of No. 54, Vol. VI.

VI. 144. Order in Council, reciting that the Lord Mayor and Aldermen had certified to the Board that certain refractory persons of the Vintners Company had been committed by them, on the complaint of the Master and Wardens of that Company, for refusing to submit to an Act of Common Council, (fn. 12) enjoining them to pay their rateable parts towards the raising of the sum which the City had contracted to supply to the King for the defence of the realm. As His Majesty had approved of the proceedings of the Court of Aldermen, and had signified his pleasure that the committal should be ratified by Order of Council, and that the said persons should not be enlarged till his further pleasure was known, they therefore ordered that the commitments be accordingly ratified and continued.
Whitehall, 10th February, 1627.

VI. 143. The Certificate of the Lord Mayor and Court of Aldermen referred to in the foregoing order.
Dated in margin, 6th February, 1627.

VI. 146. Order of the Council requiring the Lord Mayor and Court of Aldermen to make the foregoing certificate.
6th February, 1627.

VI. 153. Letter from the King, under signer, to the Lord Mayor and Aldermen, &c., stating that a sudden and important occasion of the relief of Rochelle, (fn. 13) required present succours, and directing them immediately to pay 20,000l. to Philip Burlamachi for that purpose. If they had not the money in readiness, they should employ their credit in providing it.

Westminster, the last of June, in the fourth year of our reign (1628).

VI. 155. Letter from the Lords of the Council to the Lord Mayor, requesting him to appoint Hugh Parrey and Lawrence Halsted, Merchants, as High Collectors of the first and second subsidies, and the said Hugh Parrey and John Blande, Merchant, as High Collectors of the third subsidy.
Whitehall, 13th June, 1628.

VII. 65. Order of the Court of Chancery in a suit of the Executors of Alderman Thomas Bennett against the Corporation, in respect of bonds given by the City for the repayment of moneys advanced by them to the King, directing that, unless cause should be shown to the contrary within a week, an Injunction should be awarded against the Defendants for stay of proceedings at Common Law upon the bonds till the hearing of the cause.
11th January, 1631.
In margin, 11th June.

VII. 67. Order in Chancery confirming the Injunction of the 11th June, 1631 (No. 65), and directing the Plaintiffs to proceed with effect to bring the cause to a hearing.
21st June, 1631.

VII. 69. Order of the Court of Aldermen to the Remembrancer (Mr. Bacon) to prosecute the Petition of the City to the King for pardoning the issues returned and forfeited by them in the suit of the Executors of Mr. Alderman Bennett, and to report his proceedings.
23rd June, 1631.

VIII. 44. Letter from the King (James the First) to the Common Council for the loan of 100,000l. from the City.
20th January, 1617.

VIII. 67. Letter from the Lord Keeper (the Bishop of Lincoln) to the Lord Mayor and the rest of the Commissioners for the subsidies in the City, with respect to the amounts of subsidy obtained from the gentry and commonalty in all parts of the kingdom, "which are fallen almost a moiety without any colour of reason," and requiring them to take notice of the several totals to which the particular subsidies had amounted since the 20th Elizabeth, and acquaint the rest of the Commissioners with the same, and to let them know that His Majesty expected the highest proportion in all those totals, or some satisfactory reasons for any failing or abatement thereof.
31st August, 1625.

VIII. 90. Same as No. 44, Vol. VIII.
20th January, 1617.

VIII. 226. Letter from the King to (the Lord Mayor) for an immediate loan from the City of 100,000l., for which he had given order to the Treasurer of the Exchequer to furnish him with assignments out of the collections and choicest branches of the revenue.
16th April, 1640.

VIII. 232. Letter from the King to the Lord Mayor, Aldermen, and Commonalty of the City of London, thanking them for their willing compliance with the present great and urgent occasions of his service.
Dated from York, 8th October, 1640.

VIII. 233. Letter from the Council of Peers (fn. 14) to the Lord Mayor, Aldermen, Citizens, and Commonalty of the City, informing them that, having been assembled at York by writ under the Great Seal, the King had declared to them his intention to summon a Parliament at Westminster, on the 3rd November next, and that the Lords appointed by the King and the Council of Peers were about to meet the Scotch at Ripon, from which meeting they were not without hope that things might come to a speedy and happy conclusion. In the mean time the army in the north must be kept up till, by the effect of the treaty or the wisdom of Parliament, some course might be taken for a firm peace or just war. His Majesty was altogether unprovided with means to keep his army together until Parliament settled some such course as they should think fittest, and in their opinion it was necessary he should be supplied with 200,000l. Not doubting the City's ability and willingness to provide that sum, they had deputed certain Lords of the Great Council therein mentioned, assisted by the principal officers of His Majesty's revenue, to treat with them as to security and days of payment, and offered themselves to join in any further security that should be agreed upon.
25th September, 1640.

VIII. 243. Further Letter from the Council of Peers to the Lord Mayor, Aldermen, Citizens, and Commonalty of the City, thanking them for their cheerfulness and forwardness in complying with their application for the loan of 200,000l., and praying them to make all possible speed in supplying the residue of the money, that it might not be useless by coming too late.
19th October, 1640.

IX. 11. Letter from the King, (Charles the Second), to the Lord Mayor, Sir Thomas Alleyn, (fn. 15) Knight and Baronet, and the Lord Mayor elect, Sir Richard Brown, (fn. 16) Knight and Baronet, informing them that the money to be raised by a Poll Tax, for disbanding the Army, came in but slowly, although the Commissioners had been directed to use all diligence, and requesting the Corporation, for the more speedy casing of the nation's burden in the daily charge of the Army, to advance 100,000l. by way of loan, upon the security of the Act for two months' assessments, His Majesty giving his word for the payment of principal and interest.
20th October, 1660.

IX. 25. Letter from the King to the Lord Mayor and Common Council, requesting a loan of 100,000l. forthwith, from the Citizens, for the purpose of discharging certain ships, as recommended by Parliament, the principal and interest to be secured upon the last three months' income of the six months' assessment.
11th March, 1660.

IX. 26. Letter from the King to the Lord Mayor and Common Council, informing them that, as the money had come in from the several counties, cities, &c., quicker than was expected, he would not require the above loan.
14th March, 1660.

IX. 29. Letter from the King to the Lord Mayor and Common Council, requesting a loan of 60,000l. on interest, upon the security of the Act of Parliament lately passed, granting 70,000l.
9th April, 1661.

IX. 42. Petition of the Mayor, Commonalty, and Citizens of the City of London to the King, stating that, in the year 1643, in the Mayoralty of Sir Isaac Pennington, (fn. 17) by constraint of several orders and ordinances of the then Lords and Commons at Westminster, and by the frowardness of the then Mayor and a prevailing party, which, by the favour and partiality of the times, had crept into the Common Council, and thereby obtained the power over the Common Seal of the City, bonds were given in the name of the Petitioners, under the said Seal, as security, to sundry persons, for great sums of money lent by them to the State, and those persons had taken proceedings in the Courts at Westminster against the Petitioners, and obtained several issues and amerciaments against them. They therefore besought His Majesty to take into his consideration the conditions upon which the said bonds were given, and to release the City and Chamber from the said issues, &c.
(Circa 1662.)

IX. 66. Letter from the Lord Treasurer, the Earl of Southampton, and the Duke of Albemarle, (fn. 18) to Sir John Robinson, Bart., Lord Mayor, informing him that His Majesty, out of the four subsidies lately granted to him by Parliament, had assigned 50,000l. for the payment of his guards. It being necessary that the money should be advanced at once, they request the Lord Mayor to call a Common Council, and to propose to them a loan of 50,000l., secured on the said subsidies, which, if complied with, the rates of the several counties should be particularly assigned, and paid into the Chamber of London, for the repayment of principal and interest.
September, 1663.

IX. 75. Petition of the Lord Mayor and Aldermen to the King, to the same effect as No. 42, Vol. IX.
Signed, Weld.

IX. 76. Letter from the Lords of the Council, in reply, informing them that the King had directed the Attorney-General to prepare a Bill for His Majesty's free pardon to the City, of all issues and suits exhibited against them in any of the Courts at Westminster, for any sum or sums of money advanced and lent upon any Ordinance or Orders for the maintenance of the Army, &c.
4th November, 1663.

Footnotes

1 Goods captured in the ships called Carracks, used in the Spanish and Portuguese service. Sir Walter Raleigh left Plymouth on the 6th of May, 1592, with fourteen or fifteen vessels, which after his recall were placed under the command of Sir John Brough and Sir Martin Frobisher; they captured five Portuguese carracks, ships then thought to be of prodigious size, with property of the value in the present day of over a million of money. An Act of Common Council was passed on the 15th of December, 1592, appointing certain Aldermen on behalf of the City and the several Livery Companies who had adventured in the fleet set forth by Sir Walter Raleigh, Knight, and others, to view the jewels, pearls, treasure, merchandise, &c., which were taken from the carraque, and to make sale, &c., and divide the money so gained. Numerous instances of the capture of Carracks and sale of their goods of cargoes are to be found in the State Papers.
2 Richard Langley, Merchant Taylor. The reversion of the offices of Town Clerk and Under Sheriff granted to him August 22nd, 1604; admitted deputy to William Sebright, Town Clerk, May 2nd, 1609.
3 William Dyos, admitted to the office of Remembrancer, July 27th, 1609. Ordered that the chest of letters in the charge of Mr. Dyos do stand from henceforth in the Council Chamber, April 24th, 1619. Mr. Dyos presented to the Court a book of letters entered by Mr. Norton, Remembrancer, which was ordered to be placed in the custody of the Chamberlain, who was directed to defray the costs for obtaining the same, the book having been sold to a broker, July 8th, 1619. Mr. Dyos surrendered his office, December 16th, 1619. The Court, to assist him in his distress, presented him with 300l., and forgave him a debt of 700l., December 23rd, 1619. On the same day Mr. Robert Bacon, Skinner, was admitted to the office at a salary of 20l. a year and a livery gown. "Petition of William Dyos, late Secretary and Remembrancer of London, to the King. The Lord Mayor and Aldermen had refused to allow him to sell his place to an efficient person, and persuaded him to surrender it to them; after which they had compelled him to accept 400l. less than he paid for it. Prays for the mediation of some of the Council," April 24th, 1620. 'Calendar of State Papers (Domestic),' 1619–1623, p. 139.
4 This unpopular and unconstitutional mode of raising money from the subject, without the authority of Parliament, was invented by Edward the Fourth, and was followed by the sovereigns down to Charles the First. The modus operandi was to apply to persons of substance for a loan of a certain sum, giving a promise of repayment under Letters of Privy Seal, which promise was rarely if ever fulfilled.
5 John Bingley, knighted January 10th, 1617–8. He held the office of Remembrancer of the Exchequer. The Earl of Suffolk, Lord Treasurer, and his Countess, and Bingley were tried in the Star Chamber, in the month of October, 1619, for extortion in their offices. Being condemned, after a trial lasting eleven days, the Earl and Countess were, in November, 1619, sent to the Tower, and fined 30,000l., Bingley being committed to the Fleet, and fined 2,000l. They were not long detained in custody, the Earl and Countess being released by the King's favour on payment of 7,000l., whilst Sir John Bingley was set at liberty on his resigning his office. He subsequently obtained a pardon of his sentence and fine, dated November 21st, 1622. It would appear from contemporary writers, whose letters are quoted in the 'Calendar of State Papers (Domestic),' that the Countess was considered the most blamable in the matter.
6 His name is very frequently to be met with in the State Papers, in connexion with advances of money to the King, &c.
7 Henry, third Earl, K.G.; succeeded his father, Henry, second Earl, in 1581; attained for his participation in the treason of the Earl of Essex, 1598; restored, 1603; Captain of the Isle of Wight; the friend and patron of Shakspeare, whose 'Venus and Adonis' was dedicated to him; died, November 10th, 1624.
8 James Hay, one of the favourites of James the First; created, June 29th, 1615, Lord Hay, of Sauley, Yorkshire; sent on several Embassies to France, Bohemia, and Germany; created Viscount Doncaster, July 5th, 1618; Earl of Carlisle, September 30th, 1622; died, April 25th, 1636.
9 He is frequently referred to as a London merchant, advancing large sums of money to the King, Ambassadors, &c. Vide 'Calendars of State Papers (Domestic).'
10 100,000l. was borrowed from the City of London upon the security of the Royal jewels, to provide for the King's Journey into Scotland, January 18th, 1617. 'State Papers (Domestic),' 1611–1618. p. 428.
11 Of Barnwell, Northamptonshire; youngest son of Sir Edward Montague, Knight, of Broughton. Knighted and made Groom of the Bedchamber to King James the First, 1616; afterwards one of the Masters of the Courts of Requests; Member for Huntingdonshire in the Long Parliament, 1640; expelled the House, and committed to the Tower, December 3rd, 1642. He married, first, Paulina, daughter of John Pepys, of Cambridgeshire, a relative of the Diarist; and secondly, a member of the Isham family, of Lamport, in Northamptonshire; died, September 25th, 1644. His son Edward, who became first Earl of Sandwich, was the patron of Pepys, the Diarist, to whom he was thus related by marriage.
12 An Act of Common Council was passed in December, 1627, agreeing to furnish the King with a loan of 120,000l., 60,000l. within ten days. Precepts were issued to the several Companies to provide their proportion of the amount. The Wardens of the Sadlers', the Founders', and the Glaziers' Companies were committed to Newgate, for not having used their best endeavours to carry out the precept from the Lord Mayor.
13 The Duke of Buckingham, with 100 ships and 700 land forces, set sail from Portsmouth, June 27th, 1627, for the city of Rochelle, in France, where, being refused admittance, he landed on the Isle of Rhe, but not being able to make himself master of the Fort La Prce, he returned to England in November, with some disgrace, having lost one-third of his troops without effecting anything. Being at Portsmouth, equipping another fleet for the relief of Rochelle, he was mortally stabbed by Felton, a discontented lieutenant, August 23rd, 1628. The fleet set sail for Rochelle under command of the Earl of Lindsey, September 8th, 1628, but he also returned without effecting anything. The city was eventually taken, 10,000 persons having perished therein by famine. Wade's 'British History,' p. 178.
14 The Great Council of Peers summoned by Charles the First to meet at York, on the 24th September, 1640. Lingard, vol. x., pp. 96–7.
15 Grocer. Chosen Aldermen of Cheap Ward, February 15th, 1652; celected Sheriff, June 24th, 1654; Lord Mayor, 1659; removed to Aldgate, September 25th, 1660; to Bridge Without, November 25th, 1679. On the 30th of March, 1682, he wrote to the Court of Aldermen, expressing a wish to resign; the Court appointed five of their body to wait upon him, and to persuade him to remain in office. At a meeting of the Court on the 8th of October, 1689, it was stated that Sir Thomas had not taken the oaths required by Act of Parliament, being detained by sickness in the country; his office was thereupon declared void. He was again chosen for Bridge Without, October 15th, 1689. He died the following year, and was buried at Totteridge, Middlesex. Sir Richard Levett was elected Alderman in his room, September 16th, 1690. Sir Thomas Alleyn was Lord Mayor at the restoration of King Charles the Second, 1660, and met him in state on the 29th of May, the day of his entry into London, when he received the honour of knighthood. On the 14th of June, 1660, he was created a baronet. The pageant performed upon his accession to office was written by J. Tatham, and was entitled "London Triumphs." For further particulars of him see 'Pepys's Diary'; Heath's 'History of the Grocers' Company,' and Orridge's 'Citizens and their Rulers.'
16 Clothworker. Sheriff, 1648; Alderman of Langbourn, June 29th, 1648; discharged, December 11th, 1649. No entry of his re-appointment has been found, he probably resumed office with others at the Restoration. Lord Mayor, 1660; President of Bridewell and Bethlem Hospitals, 1660–9; removed to Bridge Without, November 26th, 1663. C. Doe elected Alderman, loco Sir R. Brown, discharged, March 1st, 1663–4. He was the son of Richard Browne, alias Moses, of Oakingham, Berks. He was a Woodmonger. Pepys, in his Diary.' says, he resided by Goldsmiths' Hall when he kept his Mayoralty. He was an officer of the Trained Bands of the City; Knighted at Whitehall on the same day as his son Richard, May 30th, 1660; created a Baronet, July 22nd, 1660. He purchased the Manor of Depden Hall, Essex, about the year 1662, where he died, and was buried in 1672. His pageant, entitled "The Royal Oak," was written by John Tatham, and performed at the expense of his Company on his accession to office, October 29th, 1660. A copy is preserved in the Guildhall Library. His son, who survivied him, married Francis, sister to Sir Robert Atkins, Chief Baron of the Exchequer, and on his death the baronetcy became extinct.
17 Fishmonger. Elected Alderman of Bridge Without, January 29th, 1638; Sheriff, 1638; Lord Mayor, 1641–42. Sir John Wollaston, elected Alderman of Bridge Without, loco Pennington, discharged, October 23rd, 1657. One of the Commissioners who sat upon the trial of Charles the First, for which he was condemned to death at the Restoration, but not executed. He was sent to the Tower, August 25th, 1660, where he died, December, 17th, 1661. Vide Smyth's 'Obituary,' p. 55.
18 celebrated General Monk, made Duke of Albemarle, July 7th, 1660; died, 1670.


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