King and Parliament
The co-operation between monarch and Parliament following the Gunpowder Plot was atypical. Instead, it was the previous session of 1604 that shaped the attitudes of both sides for the rest of the reign, though the initial difficulties owed more to mutual incomprehension than conscious enmity. On 7 July 1604, James had angrily prorogued Parliament after failing to win its support either for full union or financial subsidies. "I will not thank where I feel no thanks due", he had remarked in his closing speech. "... I am not of such a stock as to praise fools ... You see how many things you did not well ... I wish you would make use of your liberty with more modesty in time to come".
As James's reign progressed, his government faced growing financial pressures, due partly to creeping inflation but also to the profligacy and financial incompetence of James's court. In February 1610, Salisbury proposed a scheme, known as the Great Contract, whereby Parliament, in return for ten royal concessions, would grant a lump sum of £600,000 to pay off the king's debts plus an annual grant of £200,000. The ensuing prickly negotiations became so protracted that James eventually lost patience and dismissed Parliament on 31 December 1610. "Your greatest error", he told Salisbury, "hath been that ye ever expected to draw honey out of gall". The same pattern was repeated with the so-called "Addled Parliament" of 1614, which James dissolved after a mere nine weeks when the Commons hesitated to grant him the money he required. James then ruled without parliament until 1621, employing officials such as the businessman Lionel Cranfield, who were astute at raising and saving money for the crown, and sold earldoms and other dignities, many created for the purpose, as an alternative source of income.
Read more about this topic: James The First
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—George Bernard Shaw (18561950)