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King of the Scots Becomes King of the English Robert Cecil supported James VI in the tense days before he was proclaimed James I of England, he became his closest adviser in the first years of his reign. James I believed in his divine right to rule but was also a democrat. He called Parliament more often than Elizabeth had though this was partly due to a financial crisis. The first Parliament of his reign was called in 1604 and sat until 1610. It was the Parliament that Guy Fawkes tried to blow up. The Parliament was dominated more and more by lawyers. In the first gathering of Parliament in James I's reign there were 467 Members in the House of Commons, many of them inexperienced. James I noted that the real problem was the gaggle of lawyers who tried to dominate everything.
The Low Countries hath cost him 拢250,000. The obsequies of the Queen; the King's entrance; the entrance of the Queen and her children; the coronation; the entertainment of the King of Denmark; embassages and gratulations sent and received: 拢500,000. In tertio Jacobi [in the third year of the reign of King James], when the last Lord Treasurer accompted, the gross debt of the King was 拢700,000, since which time his majesty hath been at great charge in the rebellion of Sir Cahir O'Dogharty. In maintaining the charge of the Prince, in building ships, and paying interest for money borrowed; so that at Michaelmas 1603, he owed, in toto, 拢1,400,000 . . . since that time there hath been an alleviation of his debt and charge, so that the King's debt is now down to 拢300,000.
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