Why did king james need to raise money?

In "The Petition of William Cobbett" in volume 33 of his political register, the author clearly refers to King James as "The Oppressor", who has raised money on arbitrary means and is not administering in a way it benefits the citizens of the kingdom. It is mentioned that King James raised the money in order to fund affairs regarding "army, navy and civil listing".

King James had little money and he believed that all royalty should have a magnificent lifestyle and that the country must implement the most of that was important for words of value. King James also believed that his family ought to have the freedom to exist in similar luxury and expected even better life after he was crowned as a king. By raising money, he would be able to live a good and comfortable life as he mentioned he was a poor man wandering about for forty years in the wilderness.

i believe the answer is:

-   william jennings bryan is a democrat while mckinley was a republican

at that time, the segment of population that choose for democratic party were the voters with low economic background and vice versa

- william jennings has support of populists and wants to have inflation to farmers while mckinley has support of bankers and businessmen , doesn't want inflation

the fixed value of gold make the large business able to stack up their gold without   being worried that it would devaluated.

- william jennings supported the silver standard while mckinley supported the gold standard

according to jenning, using other metal beside gold could the poor people to have more purchasing power and them advance in the society.

by 1880, germany had more rail lines than great britain and russia.