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marking eight hundred years since the signing of the magna carta prince william and queen elizabeth leading an official ceremony crowds gathering up running needs , of the river thames the setting where the queen's predecessor except to the document the cops the power of the crown for the first time , the magna carta was ratified by king john in twelve fifteen after an uprising by his parents laying the foundation for modern freedoms , the charter was also the basis for the u. s. bill of rights the u. s. declaration of independence items the universal declaration of human rights , british prime minister david cameron stressing the documents and list importance , from paris to parliament , the parish church , liberty justice democracy the root of it all we hold these things did , and we should hold them even dearer for the fact that they took shape , right here on the banks of the thames , there are only four original versions of the magna carta , copy made in twelve ninety seven was sold for more than twenty one million dollars in new york auction house sotheby's describing it as the most important document in the wild , but historians say that's not what the parents intended it was by accident that it had such an impact