1698 EXCHEQUER RECEIPT Sir Cyril Wyche, Rates & Duties Fund for WAR WITH FRANCE

1698 EXCHEQUER RECEIPT Sir Cyril Wyche, Rates & Duties Fund for WAR WITH FRANCE


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Item: 355883105459

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Returns Accepted:Returns Accepted
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Country/Region of Manufacture:France
City/Town.Village:London
banking history:Bank of England Annuities
Document Type:Original item
Document Type 2:Original Printed & manuscript document on Paper
In the Reign of:William III 1694-1702
Related Interests 1:Social History
Famous Persons in History:Sir Cyril Wyche
Type:Exchequer Receipt
Subject type:War with France
Year of Issue:1698
Era:1650-1699
English County:Middlesex
Family Surname of:Wych (Wyche)
Country:England
Theme:Local History

1698 EXCHEQUER RECEIPT Sir Cyril Wyche, Rates & Duties Fund for WAR WITH FRANCE, £5-8s-3d, Payments made by his son Jermyn Wych (Wyche), and signed in the margin “Cy Wyche” . A section has some small loss due to damp and paper weakness which has been strengthened by Archive tape repair. Sir Cyril Wyche FRS (c.?1632 – 28 December 1707) was an English lawyer, politician and administrator. He served two terms in the Dublin Castle administration as Chief Secretary for Ireland and was a Lord Justice of Ireland from 1693 to 1695. He was the fifth President of the Royal Society, and represented several constituencies in both the House of Commons of England and the Irish House of Commons. Early life He entered Gray’s Inn in 1657 and was eventually called to the bar in 1670.[2] In 1660, around the time of the Stuart Restoration, he was knighted by Charles II in The Hague, likely owing to the influence of his brother-in-law, the Earl of Bath. Shortly afterwards Wyche inherited a substantial fortune on the death of his mother, Jane Meredith, daughter of Sir William Meredith of Stansty. Career 1661 to 1685 Wyche was first returned to parliament as the Member of Parliament for Callington in 1661, having been elected on the interest of John Coryton.[2] Between 1662 and 1675 he was one of the six clerks in Chancery, and by 1664 was listed as a firm supporter of the court faction. After resigning from the Chancery, he sold his inherited properties in Sussex and constructed a new, grand townhouse on Lord St Albans’ development on St James’s Square. In August 1676, Wyche was appointed secretary to the lord lieutenant of Ireland, the Earl of Essex, on the recommendation of the Earl of Bath.[2] He remained in post under the new lord lieutenant, the Duke of Ormonde, the following year. His administrative abilities were highly valued by both lords lieutenant and Essex described Wyche as “a very discreet understanding man”.[4] Upon becoming secretary he was appointed to the Privy Council of Ireland.[1] He continued to contribute to parliamentary sessions in England during this period and was commissioned to examine Edward Colman in Newgate Prison during the Popish Plot in 1678.[2] Wyche declined to stand for re-election 1679, but two years later he was elected to represent East Grinstead on the interest of the Earl of Dorset. He attended the Oxford Parliament, during which he was likely an opponent of the Exclusion Bill. One of the original members of the Royal Society from 1663, between 1683 and 1684 he served as the society’s fifth President.[5] In 1684 he was elected a fellow of the Dublin Philosophical Society.[1] Throughout this period he remained Ormonde’s secretary for Irish affairs, but without a salary. Wyche complained to Ormonde that “I am the only man I think almost that ever was in my station without any salary from the crown”, but the duke refused him a pension. 1685 to 1705 Wyche lost his secretarial office with Ormonde’s retirement on the accession of James II in 1685.[2] That year he was elected as the MP for Saltash. Despite his shock at the new king’s ostentatious attendance at Roman Catholic mass, he continued to be a court supporter in parliamentary proceedings. Nonetheless, in 1688 he welcomed the Glorious Revolution and in 1690 he was appointed a gentleman of the Privy Chamber by William III. In 1692 he again became involved in Irish affairs with his appointment as secretary to Viscount Sydney.[2] Wyche was elected to the Irish House of Commons as the MP for Dublin University in 1692 Irish parliament.[1] In 1693 he played a leading role in the revival of the Dublin Society, serving as the society’s president in that year. That year he was appointed one of three Lords Justices of Ireland following the removal of Sydney as lord lieutenant. Wyche, however, disagreed with his fellow Lord Justice, Lord Capell of Tewkesbury, over the correct policy for Ireland in relation to money bills. Capell, who had the backing of the Whig Junto in England, ensured that Wyche was removed from office in May 1695. Returning to England, Wyche was rumoured to be under consideration for appointment as ambassador to Constantinople, but the appointment never materialised.[1] He remained out of crown employment until June 1700, when he was made chairman of the trustees for the Irish forfeitures, and returned to Ireland until 1703. In 1702 he was elected to represent Preston, but was not re-elected in 1705. Personal life He married three times; firstly in 1663, Elizabeth, the youngest daughter of Sir Thomas Jermyn of Rushbrooke, Suffolk, with whom he had 2 sons (1 of whom predeceased him) and 2 daughters; secondly in 1684 Susanna, the daughter of Sir Edward Norreys of Weston on the Green, Oxfordshire and the widow of Sir Herbert Perrott of Wellington; and thirdly in 1692 Mary, the daughter of George Evelyn of Wotton, Surrey.[1][2] Mary was the niece of John Evelyn, the diarist. Around 1690 he purchased Hockwold Hall (then called The Poynings) at Hockwold cum Wilton, Norfolk. He died there on 28 December 1707 and a monument to him can be found in St Peter’s Church, Hockwold. He was succeeded by his eldest son, Jermyn Wyche, whose inheritance was valued at over £100,000.[ The Financial Revolution In May 1689, Parliament declared war on France, following the wishes of the new King, William III. For the next 25 years, with only one truce of five years, England was engaged in a long and expensive war with its neighbour across the Channel. At the end of this war it emerged as the leading European power – and Parliament more powerful than before because of its increased control over the Crown’s finances. Raising money for war The Commons, which had been in charge of initiating supply Bills since the 15th century, deliberately kept William III underfunded, ensuring that he and later his successor Anne had to keep Parliament almost continuously in session to get the money necessary to run a war. The cost of about £5.5 million a year in its early stages rose to about £8.5 million a year by its end. During the war royal ministers and servants, most often sitting in the Commons, developed innovative new taxes which were actually paid because they were seen by the public as legitimate, if burdensome, owing to their parliamentary origins. Through these an average of nearly £5 million a year was raised. Commission of Public Accounts In 1690 the Commons established a Commission of Public Accounts to monitor how the revenue was being spent by the Crown and began inserting appropriations in its supply Bills, directing how the revenue it raised was to be used for specific purposes. This increased parliamentary control of revenue helped to ensure the success of the Bank of England, created by statute in 1694, for investors in the Bank could be confident that their loans to the Government would be repaid by parliamentary taxation appropriated for that purpose. Civil List Another piece of this so-called ‘Financial Revolution’ which fundamentally altered the relations between Crown and Parliament was the creation of the Civil List in 1698. This was how Parliament granted the Crown revenues of £700,000 a year to meet the costs of running the Government and royal establishment. From this point, the Crown was reliant on Parliament’s control of revenue for its day to day running. : Powered by SixBit’s eCommerce Solution

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