No More Learning

The capitalist was encouraged to make this attempt by the grant of
special privileges of manufacture for a limited period. [74] The
condition of monopoly did not belong to the mediaeval system, but was
first introduced under Elizabeth. So far the system had its economic
justification, but unfortunately it did not stop here. Abuses began to
creep in. Not only the manufacture, but the exclusive trade in certain
articles, was given over to grantees, and commodities of the most
common utility were 'ingrossed into the hands of these blood-suckers
of the commonwealth. [75] A remonstrance of Parliament was made to
Elizabeth in 1597, and again in 1601, and in consequence the Queen
thought best to promise the annulling of all monopolies then existing,
a promise which she in large measure fulfilled. But the immense growth
of commerce under Elizabeth made it necessary for her successor, James
I. , to establish a system of delegation, and he accordingly adapted
the system of granting patents to the existing needs. [76] Many new
monopolies were granted during the early years of his reign, but in
1607 Parliament again protested, and he followed Elizabeth's example by
revoking them all. After the suspension of Parliamentary government in
1614 the system grew up again, and the old abuses became more obnoxious
than ever. In 1621 Parliament addressed a second remonstrance to James.
The king professed ignorance, but promised redress, and in 1624 all the
existing monopolies were abolished by the Statute 21 James I. c. 3. In
Parliament's address to James 'the tender point of prerogative' was
not disturbed, and it was contrived that all the blame and punishment
should fall on the patentees.
[77]

Of all the patents granted during this time, that which seems to have
most attracted the attention of the dramatists was one for draining the
Fens of Lincolnshire. Similar projects had frequently been attempted
during the sixteenth century. In the list of patents before 1597,
catalogued by Hulme, seven deal with water drainage in some form or
other. The low lands on the east coast of England are exposed to
inundation. [78] During the Roman occupation large embankments had been
built, and during the Middle Ages these had been kept up partly through
a commission appointed by the Crown, and partly through the efforts of
the monasteries at Ramsey and Crowland. After the dissolution of these
monasteries it became necessary to take up anew the work of reclaiming
the fen-land. An abortive attempt by the Earl of Lincoln had already
been made when the Statute 43 Eliz. c. 10. 11. was passed in the year
1601. This made legal the action of projectors in the recovery of marsh
land. Many difficulties, however, such as lack of funds and opposition
on the part of the inhabitants and neighbors of the fens, still stood
in their way. In 1605 Sir John Popham and Sir Thomas Fleming headed a
company which undertook to drain the Great Level of the Cambridgeshire
fens, consisting of more than 300,000 acres, at their own cost, on the
understanding that 130,000 acres of the reclaimed land should fall
to their share. The project was a complete failure. Another statute
granting a patent for draining the fens is found in the seventh year of
Jac.