King Charles I, desperately short of income due to his failure to
persuade Parliament to grant him tonnage and poundage for life,
demands that all Englishmen with property over £40 a year must
present themselves for knighthood. Anyone who did not do so would
be fined.
Citation:
Editors. "Charles I demands all wealthy Englishmen to buy knighthoods".
The Literary Encyclopedia. First published 01 February 2011
[http://www.litencyc.com/php/stopics.php?rec=true&UID=15938, accessed 22 May 2013.]