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The English Treasury seems to have come into existence around 1126, during the reign of Henry I,as the financial responsibilities were separated from the rest of the job that evolved into Lord Great Chamberlain. The Treasury was originally a section of the Royal Household with custody of the King's money. In 1216, a Treasurer was appointed to take control of the Treasury in WinchesterWinchester is a city in southern England, and the administrative capital of the county of Hampshire, with a population of around 35,000. It is the seat of the City of Winchester local government district which covers a much larger area, and was formerly t. The Treasurer was also an officer of the ExchequerThe Exchequer was that part of the government responsible for the management and collection of the royal revenues of the King of England. At an early stage (certainly by 1190) it split into a purely administrative part (the Exchequer of Receipt) which col, and supervised the royal accounts. By TudorThe Tudor dynasty or House of Tudor is a series of five monarchs of Welsh origin who ruled England from 1485 until 1603. The three main monarchs ( Henry VII, Henry VIII and Elizabeth I) each played an important part in turning Britain from a European back times, the Lord High Treasurer had achieved a place among the Great Officers of State, behind only two others:the Lord High StewardThe position of Lord High Steward of England, not to be confused with the Lord Steward, a court functionary, is the first of the Great Officers of State. Although initially the position was largely an honorary one, over time it grew in importance until it and the Lord ChancellorThe Lord High Chancellor of Great Britain or Lord Chancellor and in former times Chancellor of England is one of the most senior and important functionaries in the government of the United Kingdom. He is a Great Officer of State, and is appointed by the S.
During the sixteenth century, the Lord High Treasurer was often considered the most important official of the government, and became a de facto Prime Minister. Exemplifying the power of the Lord High Treasurer is William Cecil, 1st Baron BurghleyWilliam Cecil, 1st Baron Burghley ( 1520- 1598), was an English politician, the chief advisor of Queen Elizabeth I of England for most of her reign. Cecil was born in Bourne, England in 1520, the son of Richard Cecil, 1st Baron Cecil (owner of the Burghle, who served in the post from 1572Events January 16 The Duke of Norfolk is tried for treason for his part in the Ridolfi plot to restore Catholicism in England. April 1 The Sea Beggars, Netherlandish Calvinist rebels, capture the port city of Brielle. This leads to a wave of uprisings in to 1598Events January 7 Boris Godunov seizes the throne of Russia following the death of his brother-in-law, Tsar Feodor I April 13 Edict of Nantes Henry IV of France grants French Huguenots equal rights with Catholics. Considered the end of the French Wars of R. During his tenure, he dominated the administration under Elizabeth I.