1339–1341: Stalemate, Finances, and Shifts in Guyenne

The first years of war do not give decisive victory. The conflict bogs down: coalitions, raids, sieges, multiple fronts. In this framework, the capacity to finance war becomes a strategic factor.

---

💸 Currency, Taxes, and Discontent

Philip VI struggles to levy enough tax to support war effort, administration, and the costly pensions distributed to princes he fears losing. He resorts to repeated currency mutations, which fuel inflation and criticism.

The king governs with a restricted council of close advisors, which discontents excluded princes. His strategy, cautious and often turned toward sieges rather than pitched battles, is poorly received by a chivalry hoping for ransoms and glory.

---

🏰 Guyenne: Seducing Local Lords

Edward III, despite his financial difficulties, knows how to awaken local fidélités in Guyenne. Late 1339, Oliver Ingham, sénéchal of Bordeaux, obtains the defection of Bernard‑Ezy V of Albret, followed by other lords. Edward names him lieutenant in Aquitaine.

At the head of Gascon troops, Albret advances eastward, takes Sainte‑Bazeille, and besieges Condom. The offensive culminates in September 1340, but a counter-offensive led by Peter of La Palu (seneschal of Toulouse) forces the raising of the siege and allows retaking the towns.

---

🏴 Scotland: Another Front Exhausting England

The situation is not simpler for Edward III in Scotland: guerrilla intensifies and raids multiply. France continues to use this dossier as leverage, housing and supporting its allies.

---

🧠 Key Points to Remember

• 1339–1341: stalemate transforms war into financial and political crisis.
• Guyenne depends on local fidélités, bought or negotiated.
• Multiple fronts prevent quick victory on either side.