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Updated: July 16, 2025


A secretary made report that forasmuch as the late King had provided in his will for conferring the ducal degree upon the Earl of Hertford and raising his brother, Sir Thomas Seymour, to the peerage, and likewise Hertford's son to an earldom, together with similar aggrandisements to other great servants of the Crown, the Council had resolved to hold a sitting on the 16th of February for the delivering and confirming of these honours, and that meantime, the late King not having granted, in writing, estates suitable to the support of these dignities, the Council, knowing his private wishes in that regard, had thought proper to grant to Seymour '500 pound lands, and to Hertford's son '800 pound lands, and 300 pound of the next bishop's lands which should fall vacant, his present Majesty being willing.

If the incessant efforts of the Spaniards result in new discoveries, we shall give our attention to them. May Your Holiness fare well, and let me know your opinion upon these aggrandisements of your Apostolic Chair, and thus encourage me in my future labours.

It is even conceivable that the finance of the State may be threatened, and it is probably for this reason that in Germany the Prussian Minister is said to be considering a State monopoly of banking. Nor can the psychological effect of these great aggrandisements of capital in the hands of a few banks be ignored. They are virtually Government-guaranteed institutions.

A secretary made report that forasmuch as the late King had provided in his will for conferring the ducal degree upon the Earl of Hertford and raising his brother, Sir Thomas Seymour, to the peerage, and likewise Hertford's son to an earldom, together with similar aggrandisements to other great servants of the Crown, the Council had resolved to hold a sitting on the 16th of February for the delivering and confirming of these honours, and that meantime, the late King not having granted, in writing, estates suitable to the support of these dignities, the Council, knowing his private wishes in that regard, had thought proper to grant to Seymour '500 pound lands, and to Hertford's son '800 pound lands, and 300 pound of the next bishop's lands which should fall vacant, his present Majesty being willing.

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