22
The fiscal revolution.
§
Parliament agrees to put
government on sound
financial footing in
exchange for veto power.
§
Evidence: lenders now
willing to supply funds.
§
After 1688, government has
access to unprecedented
funds.
§
Tenfold increase, 1688-
1697.
William III (ruled
1689-1702.
Mary II (ruled
1689-1694).
