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Charles' Ability to Finance His Government

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Charles' Ability to Finance His Government
The Personal Rule of Charles I

Charles I, born in Dunfermline, the son of James I and Anne of Denmark, was born in 1600. At the age of five he was made the Duke of York the Prince of Wales in 1616.
When James I died in 1625, his son Charles became king. Upon becoming, the King Charles had a sense of greed growing, he would gain money through taxes and laws imposed only for the sense of profit and had been stubborn when it came to his ministers. He imposed a lot of trust in his ministers and was reluctant when it came to their dismissal. The Personal Rule was a period in which Charles governed without any reference to Parliament in the years 1629-1640; he refused to summon any Parliaments until they had a better understanding of what he wanted to do. Historians in a major of ways described this period, but how effective was the period of the Personal rule and had Charles succeeded in governing effectively and financially.

Upon Buckingham’s dispersal, many former enemies of the King had made peace with him and entered his service. The Dukes of Arundel and Bristol, who had been against Buckingham in the House of Lords had decided that Parliament had gone too far in imposing the King and took up positions at Court. The death of the Duke of Buckingham had deeply affected Charles and the King had become reluctant to never again depend on one minister.

Upon introduction of the Personal rule period there was little reaction and resistance to the dispersing of Parliament, enemies of the king worked towards peace in an attempt to become his advisors, and many of them did succeed. King Charles was successful in governing without Parliament by cutting his expenses and increasing income. The greatest drain on resources was the wars against France and Spain leaving the economy at a disadvantage; however this was soon put to an end due to peace treaties being signed with France in 1629 and with Spain in 1630. Peace brought an immediate revival of English trade and

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