PEDER OXE (1520-1575), Danish Finance Minister, was born in 1520.
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.
Oxe died on the 24th of October 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.
It enabled him to create and remunerate adequately a capable official class, which proved its efficiency under the strictest supervision, and ultimately produced a whole series of great statesmen and admirals like Johan Friis, Peder Oxe, Herluf Trolle and Peder Skram.
Christian revenged himself by executing the magnate Torben Oxe, who, on very creditable evidence, was supposed to have been Dyveke's murderer, despite the strenuous opposition of Oxe's fellow-peers; and henceforth the king lost no opportunity of depressing the nobility and raising plebeians to power.
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