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in money during these years. The money was derived from goods sold
locally in the domains (fogederierne), from contracts which the local
officials made with the king and from extraordinary taxes in money paid
by the peasants. Most important, however, was the rapidly growing
revenue of the silver mine of Sala, which made it possible for the
Swedish king to accumulate large surpluses. The revenues from the mine
were so large that in 1538 a surplus of more than 1 million marks írtug
could be transferred to the next year.
Some of the figures in this dataset are approximations (the new surplus
for 1528 and for 1536, the total rev for 1536), and some figures are
missing (old surplus for 1536). The figures for 1527 are estimates.
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Filename: g130dd26.tab
Metadata of file as originally deposited:
Data Set Name: \POUL\DAND026 Type:
Observations: 15 Record Len: 20
Variables: 2
Label: Total Danish debt, 1534-48
Date created: 9 March 1993
Date last altered:
Raw data file used: c:\poul\dendebt.dat
ESFDB dataset: c:\poul\dand026.ssd
Source: Síren Balle, Statsfinanserne p† Christian 3s tid
(Aarhus 1992), p. 396
Source subset: Total debt of the Danish king, 1534-48
Source subset title:
Owner of file: Dr Bjírn Poulsen
Author of program: MMB
NOTES
The contents of this data file may not be reproduced without citation
of the ESFDB dataset name.
All figures in this dataset are in L beck marks.
The growth of debt was a result of the measures taken by King Christian
III to pay his armies of mercenaries which he needed to gain the Danish
throne. He had no natural sources of metal, and to an even greater
degree than the Swedish king he had to finance his expenditure by means
of credit and extraordinary taxes. The movements of credit and
extraordinary taxes which were used to liquidate the debt can be
documented for the years after 1534. In the 1530s and even in the
1540s large loans were straining the Danish state economy, but also
that, by the help of extraordinary taxes, they were largely paid off at
the end of the decade. With the debt thus paid off the king in
principle could live off the ordinary revenues.