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How Well Did The English Exchequer Function In The Twelfth Century? - College Essay

How Well Did The English Exchequer Function In The Twelfth Century?

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The English exchequer was the central board responsible for all in
comings and out goings into the royal treasury. It arrived with the Normans and
was the first system of centralized revenue extraction to appear that although
crude was a direct predecessor to the modern one.
The information on how the Exchequer functioned as a method of
institutionalised revenue extraction is from the `The course of the Exchequer'
written by Richard son of Nigel. The text provides a one sided argument into
the merits of the Exchequer as Richard himself is the treasurer. The text is
written in a typically classical dialogue style with a `master' dictating to his
`scholar'. Richard also presents ...

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the Barons and others paying taxes of the validity and fairness of a
system of which they would have had little comprehension. This would also be
helped by Richards apparently good grasp of the area.
The Exchequer board was the highest office that could be obtained in the
royal circle and was the most powerful and prestigious as it presided over all
financial matters. It allowed records to be formed and general standards to be
maintained. The ultimate power of the exchequer is aptly put in the text..."
where your treasure is, there will your heart be also.˛
The Exchequer had a greater role than just recording revenue as it
provided a forum where judgments could be made and disputes about financial
matters could be settled. It also saw commands depersonalized through the use
of writs which can be described as the Śroutinization of charisma' (Clanchy,
1979). The King no longer had to have any direct influence over a command and
some form of general standard could ...

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How Well Did The English Exchequer Function In The Twelfth Century?. (2005, August 4). Retrieved December 23, 2024, from http://www.essayworld.com/essays/How-Well-Did-English-Exchequer-Function/31140

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"How Well Did The English Exchequer Function In The Twelfth Century?." Essayworld.com. August 4, 2005. Accessed December 23, 2024. http://www.essayworld.com/essays/How-Well-Did-English-Exchequer-Function/31140.

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PAPER DETAILS

Added: 8/4/2005 10:41:23 PM
Category: Economics
Type: Premium Paper
Words: 1011
Pages: 4

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