William of Ely, the King's Treasurer (? 1195–1215)

Abstract

The importance of the reign of king John in the history of English financial administration is now recognized. In part this is due to the relative abundance of official records. For the twelfth century yields little beyond scattered charters and the series of pipe rolls, while the principal series of chancery enrolments begin under John, and for his reign too we possess, although not in continuous series, exchequer enrolments the like of which have not survived from earlier reigns. Of necessity, therefore, much of our detailed knowledge of early financial administration must be based upon what we can learn from this period. And then again, by the time John came to the throne, the exchequer system, as it had been devised and developed by the administrators of the twelfth century, quite obviously required adjustment to deal with the growing mass and complexity of financial transactions.

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