It was agreed that the great officers of state, the chancellor, treasurer, and barons of exchequer should be named by the lords in Parliament, and removed from their offices during the king's "tender years" only on the advice of the lords.

The pressure of the war, which rendered the existing taxes insufficient, gave the House a fresh hold on the Crown.

While granting a new subsidy in the form of a land and property tax, the Commons restricted its proceeds to the war, and assigned two of their members, William Walworth and John Philpot, as a standing committee to regulate its expenditure.

The successor of this Parliament in the following year demanded and obtained an account of the way in which the subsidy had been spent.
[Sidenote: Discontent of the people] The minority of the king, who was but eleven years old at his accession, the weakness of the royal council amidst the strife of the baronial factions, above all the disasters of the war without and the growing anarchy within the realm itself, alone made possible this startling assumption of the executive power by the Houses.

The shame of defeat abroad was being added to the misery and discomfort at home.