| GRESHAM | Merchant adventurer, mercer and royal agent during Elizabeth I's reign who founded the Royal Exchange in 1566 (7) |
| STOW | Antiquary whose Survey of London during Elizabeth I's reign charts life in the capital from its castles and towers to the butchers and bakers prior to the Plague and the Great Fire (4) |
| ELIMINATE | You've got to ___ the negative, Ac-Cent-Tchu-Ate the positive: 1944 song by Johnny Mercer and the Pied Pipers (9) |
| MUSKETEERS | Sounds like gun-ho heroes (in King Louis' reign), who were slicker with swords all the same! (10) |
| REEVES | Queen turned up days before royal agents, historically (6) |
| STPIUSV | Pope during Elizabeth I's reign |
| SZABO | Violette ---, British-French secret agent during the Second World War; posthumous recipient of the George Cross (5) |
| NESS | Noted government agent during Prohibition |
| TREE | Herbert Beerbohm - - -, actor and theatre manager who founded the Royal Academy of Dramatic Art in 1904 (4) |
| HAIG | Commander-in-chief during the Battle of the Somme who co-founded the Royal British Legion (4) |
| BEECHAM | Conductor who co-founded the London Philharmonic Orchestra with Malcolm Sargent and founded the Royal Philharmonic Orchestra (7) |
| NINETTE | ___ de Valois, Irish-born British choreographer who founded the Royal Ballet (7) |
| PETERHALL | British theatre director who founded the Royal Shakespeare Company in 1960 (5,4) |
| PAULIV | Pope at the start of Elizabeth I's reign |
| WREN | Architect and scientist who co-founded the Royal Society; or, one of a "chime" or "herd" or birds (4) |
| THAMES | River whose south bank was the site of the Mortlake tapestry works established during James I's reign (6) |
| MDCII | Year in Elizabeth I's reign |
| MDC | Year in Elizabeth I's reign |
| THOMPSON | Physicist Count von Rumford who co-founded the Royal Institution (8) |
| JUDICIAL | I'd upset agents during month regarding the law |