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Medieval Sourcebook:
Henry I of England:
Monetary Regulations, 1108

Beginning with the reign of Henry I, who realized the great advantages of a sound and plentiful supply of money, and continuing with that of Henry II, English money reached a higher level of perfection which was maintained until the time of Henry III.

Flor. Wig. ii. 57. Henry, King of the English, established a lasting peace and decreed such a law that if any one were taken in theft or robbery, he was hanged. He also decreed that false and bad money should be amended, so that he who was caught passing bad denarii should not escape by redeeming himself but should lose his eyes and members. And since denarii were often picked out, bent, broken, and refused, he decreed that no denarius or obol, which he said were to be round, or even a quadrans, if it were whole, should be refused. By reason of this he did much good throughout the whole kingdom, because he did these things to relieve the land of its troubles forever.


From: William Stubbs, ed., Select Charters of English Constitutional History, H. W. C. Davis, rev. ed., (Oxford: Clarendon Press, 19I3), p. 113; reprinted in Roy C. Cave & Herbert H. Coulson, eds., A Source Book for Medieval Economic History, (Milwaukee: The Bruce Publishing Co., 1936; reprint ed., New York: Biblo & Tannen, 1965), pp. 138-139.

Scanned by Jerome S. Arkenberg, Cal. State Fullerton. The text has been modernized by Prof. Arkenberg.

This text is part of the Internet Medieval Source Book. The Sourcebook is a collection of public domain and copy-permitted texts related to medieval and Byzantine history.

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© Paul Halsall, October 1998