The Great Contract

The Great Contract was a proposed agreement in 1610 between King James I of England and Parliament. It aimed to resolve financial issues by granting the king a steady income in exchange for granting more power to Parliament and protecting certain rights. Essentially, the proposal sought to create a clearer relationship between the monarchy and Parliament, reducing financial strain on the government while enhancing parliamentary influence. However, the contract was never fully realized due to disagreements, illustrating ongoing tensions between royal authority and parliamentary governance in England.