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| Topic: |
History
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| Number of pages / Number of words: |
5 / 1124 |
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(6) A violent restoration of the old order at home was made impossible by demolishing fortresses, disarming the Cavaliers, and taxing them to the verge of ruin, so that many were forced to sell their estates and with them their claim to social prestige and political power. For many owners of economically undeveloped estates who were already desperately in debt, the period of the Commonwealth and after represented a great foreclosing on mortgages, capital at last getting its own back against improvident landlords...
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For many owners of economically undeveloped estates who were already desperately in debt, the period of the Commonwealth and after represented a great foreclosing on mortgages, capital at last getting its own back against improvident landlords. (7) Finally, to finance the new activities of the revolutionary governments, the lands of Church and Crown and of many leading Royalists were confiscated and sold; smaller Royalists whose estates had been confiscated were allowed to "compound" for them by paying a fine equal to a substantial proportion of their estates (and they were thus often compelled to sell a part of their property privately to be able to keep the remainder)...
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