The Restoration of The Royal Power
Charles carried out numerous important political and economical reforms. In the beginning of 1323, he renounced the royal prerogative of undermining the currency and introduced a new tax (lucrum camaræ) in order to ensure the permanency of the royal revenues. In the same year, Charles transferred his seat to Visegrád from Timişoara.
Charles established the so-called "honor system": instead of large donations, faithful servants of the king were given an office (in Latin honor), thus they became the keeper of royal property (including castles) in the counties and the representative of the king. However, these offices were not given for eternity, because the king could deprive his people of their office any time. Most powerful "honors" often rotated among the members of aristocracy.
Read more about this topic: Charles I Of Hungary
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