ABSTRACT
The convention Parliament decided that Charles II must be provided with a revenue sufficient to discharge the ordinary expenses of government in time of peace. When James II succeeded to the throne, he also succeeded to the hereditary revenue, and Parliament likewise granted him for life the life revenue of Charles II. The ordinary revenue of Charles II and James II was strictly their own property, though they were supposed to defray from it the normal expenses of government. Parliament gained control of all taxation. But the balance of power within Parliament was greatly altered in favour of the Commons. The Commons, while thus strengthening their control over the granting of money, made certain rules for the conduct of financial business in their own house, with a view to the prevention of hasty or excessive grants.
