Peder Oxe
Encyclopedia
Peder Oxe ( January 7, 1520 – October 24, 1575) was a Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 finance minister and Steward of the Realm
Danish Steward of the Realm
Steward of the Realm was an office at the Royal Danish Court. With the coronation of Eric VII of Denmark it became an important office, taking over the role of the Seneschal as the de facto prime minister of the country. Prior to that the Rigshofmester had merely been the administrative leader of...

.

Background

At the age of twelve he was sent abroad to complete his education, and resided at the principal universities of Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

, and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

 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

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 the margrave 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
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

 in 1558 and engaged in political intrigues with the adventurer Wilhelm von Grumbach
Wilhelm von Grumbach
Wilhelm von Grumbach was a German adventurer, chiefly known through his connection with the so-called Grumbach feuds , the last attempt of the Imperial Knights to prevail against the power of the territorial Princes of the Holy Roman Empire.-Florian Geyer:A member of the old Franconian noble...

 for the purpose of dethroning Frederick II in favor of Christina of Lorraine
Christina of Denmark
Christina of Denmark was a Danish princess who became Duchess-consort of Milan, then Duchess-consort of Lorraine...

, the daughter of Christian II
Christian II of Denmark
Christian II was King of Denmark, Norway and Sweden , during the Kalmar Union.-Background:...

. 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.

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 tolls) 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 October 24, 1575, after contributing, more than any other statesman of his day, to raise Denmark for a brief period to the rank of a great power.

Other sources

  • P. Oxes live og levuet (Copenhagen: 1675)
  • Danmarks riges historie, vol. 3 (Copenhagen: 1897-1905)
  • Peder Oxe et historisk billed Troels Lund Troels-Lund
    Troels Frederik Lund
    Troels Frederik Troels-Lund was a Danish historian born in Copenhagen. He was the youngest son of Henrik Ferdinand Lund, Søren Kierkegaard’s brother in law...

    (Copenhagen,: Det Schubotheske Forlag. 1906)
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