Committee for the Advance of Money facts for kids
The English Civil War was a big conflict in England during the 1640s. It was fought between the Parliamentarians (who supported Parliament) and the Royalists (who supported King Charles I). To help pay for their army and supplies, the Parliamentarians needed a lot of money.
So, on November 26, 1642, they created a special group called the Committee for the Advance of Money for the Service of the Parliament. This committee was set up by the Long Parliament (the name for the Parliament at that time) through a special rule called an Ordinance. This rule was about getting people to contribute money, valuable items, horses, and riders to help Parliament.
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Helping Parliament Pay for the War
What Was the Committee For?
The Committee for the Advance of Money was created to help Parliament raise funds during the English Civil War. It was like a special group that made sure Parliament had enough money to keep fighting.
How Did the Committee Work?
From 1642 to 1650, the Committee looked into how wealthy people were. They would then ask these people to lend money to Parliament. Even though it was called a "forced loan," Parliament actually paid the money back every year, along with a little extra as interest.
At first, the Committee asked everyone to contribute, no matter which side they supported in the war. But after August 1646, things changed. Only Royalists (people who supported the King) were made to contribute. If they didn't, the Committee could take their goods or property.
For example, a Royalist named Francis Leigh, 1st Earl of Chichester was asked in November 1645 to pay £3,000. He was given a year to pay it.
Where Did the Committee Meet?
The Committee first met at a place called Haberdashers Hall. A person named Lord Howard of Escrick was in charge there. However, Lord Howard was later removed from his position because of concerns about his actions. After that, the Committee met at the home of Sir William Bruncard and later at the Queen's Court in Westminster.
What Happened to the Committee?
In 1650, the Committee for the Advance of Money joined forces with another important group called the Committee for Compounding with Delinquents. This new combined committee had the power to take control of the land and property of landowners who refused to help Parliament's cause.
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