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Peder Oxe

Peder Oxe (Peder Oxe til Nielstrup; 7 January 1520 – 24 October 1575) was a Danish finance minister and Steward of the Realm.

Peder Oxe

Background edit

At the age of twelve he was sent abroad to complete his education, and resided at the principal universities of Germany, the Netherlands, France, Italy, and Switzerland for seventeen years. On his return he found both his parents dead, and was appointed the guardian of his eleven young brothers and sisters, in which capacity, profiting by the spoliation of the church, he accumulated immense riches.

Career edit

His extraordinary financial abilities and pronounced political capacity soon found ample scope in public life. In 1552 he was raised to the dignity of Rigsraad (councillor of state); in 1554 he successfully accomplished his first diplomatic mission, by adjusting the differences between the elector of Saxony and Joachim II Hector, Elector of Brandenburg. The same year he held the post of governor of Copenhagen and shared with Byrge Trolle the control of the treasury.

A few years later he incurred the royal disfavour in the administration of public property. In the spring of 1557, Oxe and the king quarrelled over a mutual property exchange. Failing to compromise matters with the king, Oxe fled to Germany in 1558 and engaged in political intrigues with the adventurer Wilhelm von Grumbach for the purpose of dethroning Frederick II in favor of Christina of Lorraine, the daughter of Christian II. But the financial difficulties of Frederick II during the stress of the Northern Seven Years' War compelled him, in 1566, to recall the great financier, when his confiscated estates were restored to him and he was reinstated in all his offices and dignities.[1]

A change for the better immediately ensued. The finances were speedily put on an excellent footing, means were provided for carrying on the war to a successful issue (one of the chief expedients being the raising of the Sound Dues) and on the conclusion of peace, Oxe, as lord treasurer, not only reduced the national debt considerably, but redeemed a large portion of the alienated crown-lands. He reformed the coinage, developed trade and commerce and introduced numerous agricultural reforms, especially on his own estates, which he was never weary of enlarging, so that on his death he was the wealthiest landowner in Denmark.

Oxe died on 24 October 1575, after contributing more than any other statesman of his day to raise Denmark-Norway, for a brief period, to the rank of a great power in Europe.

Notes edit

  1. ^ Christian III, Peder Oxe and the 1557 Meeting (Den danske historiske Forening)

References edit

  •   This article incorporates text from a publication now in the public domainChisholm, Hugh, ed. (1911). "Oxe, Peder". Encyclopædia Britannica (11th ed.). Cambridge University Press. This work in turn cites:
    • P. Oxe's live og levuet (Copenhagen: 1675)
    • Danmarks riges historie, vol. 3 (Copenhagen: 1897-1905)

Further reading edit

peder, nielstrup, january, 1520, october, 1575, danish, finance, minister, steward, realm, contents, background, career, notes, references, further, readingbackground, editat, twelve, sent, abroad, complete, education, resided, principal, universities, germany. Peder Oxe Peder Oxe til Nielstrup 7 January 1520 24 October 1575 was a Danish finance minister and Steward of the Realm Peder Oxe Contents 1 Background 2 Career 3 Notes 4 References 5 Further readingBackground editAt the age of twelve he was sent abroad to complete his education and resided at the principal universities of Germany the Netherlands France Italy and Switzerland for seventeen years On his return he found both his parents dead and was appointed the guardian of his eleven young brothers and sisters in which capacity profiting by the spoliation of the church he accumulated immense riches Career editHis extraordinary financial abilities and pronounced political capacity soon found ample scope in public life In 1552 he was raised to the dignity of Rigsraad councillor of state in 1554 he successfully accomplished his first diplomatic mission by adjusting the differences between the elector of Saxony and Joachim II Hector Elector of Brandenburg The same year he held the post of governor of Copenhagen and shared with Byrge Trolle the control of the treasury A few years later he incurred the royal disfavour in the administration of public property In the spring of 1557 Oxe and the king quarrelled over a mutual property exchange Failing to compromise matters with the king Oxe fled to Germany in 1558 and engaged in political intrigues with the adventurer Wilhelm von Grumbach for the purpose of dethroning Frederick II in favor of Christina of Lorraine the daughter of Christian II But the financial difficulties of Frederick II during the stress of the Northern Seven Years War compelled him in 1566 to recall the great financier when his confiscated estates were restored to him and he was reinstated in all his offices and dignities 1 A change for the better immediately ensued The finances were speedily put on an excellent footing means were provided for carrying on the war to a successful issue one of the chief expedients being the raising of the Sound Dues and on the conclusion of peace Oxe as lord treasurer not only reduced the national debt considerably but redeemed a large portion of the alienated crown lands He reformed the coinage developed trade and commerce and introduced numerous agricultural reforms especially on his own estates which he was never weary of enlarging so that on his death he was the wealthiest landowner in Denmark Oxe died on 24 October 1575 after contributing more than any other statesman of his day to raise Denmark Norway for a brief period to the rank of a great power in Europe Notes editThis article includes a list of general references but it lacks sufficient corresponding inline citations Please help to improve this article by introducing more precise citations February 2014 Learn how and when to remove this template message Christian III Peder Oxe and the 1557 Meeting Den danske historiske Forening References edit nbsp This article incorporates text from a publication now in the public domain Chisholm Hugh ed 1911 Oxe Peder Encyclopaedia Britannica 11th ed Cambridge University Press This work in turn cites P Oxe s live og levuet Copenhagen 1675 Danmarks riges historie vol 3 Copenhagen 1897 1905 Further reading editPeder Oxe et historisk billed Troels Lund Troels Lund Copenhagen Det Schubotheske Forlag 1906 Retrieved from https en wikipedia org w index php title Peder Oxe amp oldid 1158021203, wikipedia, wiki, book, books, library,

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