 Although it failed to be implemented, the concept of paying an annual income to the monarch was revived some five decades later as a solution to the nation's financial problems and formed the basis for the financial settlement at the Restoration of Charles II, through which Charles was to receive an income of approximately £1,200,000 per annum.One historian describes this annual payment as the eventual "implementation of Cecil's Great Contract".In 1606, Cecil entertained King James I and his brother-in-law, King Christian IV of Denmark, at his Hertfordshire house, Theobalds Palace (Theobalds House), under the sardonic eye of Queen Elizabeth's godson, Sir John Harrington.