Ranulph, his first treasurer and representative at Ely, had been extortionate and dishonest, and the monks accused Nigel, probably with some justification, of spending the estates and treasures of the see in maintaining knights and gaining court influence.
This part of Henrys policy is connected with the name of his two extortionate fiscal judges Empson and Dudley, who turned law and justice into rapine by their minute inquisition into all technical breaches of legality, and the nice fashion in which they adapted the fine to the wealth of the misdemeanant, without any reference to his moral guilt or any regard for extenuating circumstances.
Exactions, debasement of the currency and extortionate taxation were ruinous palliatives, and insufficient to supply a treasury which the revenue from crown lands and various rights taken from the nobles could not fill even in times of peace.
It was believed by its advocates that this system of prescribing the conditions of construction and operation of lines could promote public safety, prevent waste of capital and secure passengers and shippers against extortionate rates.
In the " back country " extortionate fees, excessive taxes, and the oppressive manner of collecting them brought about a popular uprising, known as the Regulation, which centred in Orange and Anson counties, but was strong also in Brown, Edgecombe, Johnson, Granville and Halifax counties.
But in the absence of evidence to show that the fees charged by arbitrators or umpire are extortionate, or unfair and unreasonable, the courts will not interfere with them (Llandrindod Wells Water Co.
Some of the states have usury laws giving relief to borrowers in cases where circumstances have compelled them to agree to extortionate rates; but other states have no such laws, except that a contract in writing is invariably required in all cases where the "legal rate" is exceeded.