Skip to main content

Great Contract

Great Contract, 1610. By the time James I ascended the throne of England the royal finances had been undermined by inflation. In 1610, therefore, Lord Treasurer Robert Cecil proposed that Parliament should vote the king a regular annual income. In return, the crown would abandon its deeply resented right to make wards of under-age heirs of landowners and sell control of their estates to the highest bidder. The Commons were allergic to the idea of permanent taxation, particularly for the benefit of the spendthrift James, but eventually accepted Cecil's proposal, though they offered far less than he had hoped for. The contract was duly formalized, but during the parliamentary recess members were made aware that their constituents were implacably opposed to it. Since James had become convinced that it would leave him no better off, the contract was abandoned, amid general recriminations.

Roger Lockyer

Cite this article
Pick a style below, and copy the text for your bibliography.

  • MLA
  • Chicago
  • APA

"Great Contract." The Oxford Companion to British History. . Encyclopedia.com. 13 Dec. 2017 <http://www.encyclopedia.com>.

"Great Contract." The Oxford Companion to British History. . Encyclopedia.com. (December 13, 2017). http://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/great-contract

"Great Contract." The Oxford Companion to British History. . Retrieved December 13, 2017 from Encyclopedia.com: http://www.encyclopedia.com/history/encyclopedias-almanacs-transcripts-and-maps/great-contract

Learn more about citation styles

Citation styles

Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:

Modern Language Association

http://www.mla.org/style

The Chicago Manual of Style

http://www.chicagomanualofstyle.org/tools_citationguide.html

American Psychological Association

http://apastyle.apa.org/

Notes:
  • Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
  • In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.