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If Richard III would of placed his 7 year old nephew Edward Plantagenet, Earl of Warwick on the throne instead of taking the throne after deposing Edward V, would his reign as Lord Protector for the new Edward V or VI (depending on if they recognize that Edward V reign was ever valid) be smooth? Would he of been overthrown?

Edward Earl of Warwick, was the legitimate Lancastrian heir by law, and by blood the legitimate Yorkist heir. This would definitely undercut Henry Tudor's tenuous Lancastrian claim to the throne. It would also make it look more like Richard Duke of Gloucester was just following the law as he saw it, he did have a reputation as a legalist thinker. It would of put him under less suspicion even if the princes in the tower still died.

Richard would of had royal power for the next nine years and a guarantee to be the premiere magnate of the realm for the foreseeable future. Does anyone know if Richard ever considered this, and if not what could of made him go with this? If he did put his nephew on the throne, does he successfully defend his own position as Lord Protector? Does Warwick stay on the throne?
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