Reign
From contemporary sources, Eric appears as intelligent, visionary, energetic and a firm character. That he was also a charming and well-spoken man of the world was shown by a great European tour of the 1420s. Negatively, he seems to have had a hot temper, a lack of diplomatic sense, and an obstinacy that bordered on mulishness.
Almost the whole of Eric’s sole rule was affected by his long-standing conflict with the Counts of Schauenburg and Holstein. He tried to regain South Jutland (Schleswig) which Margaret had been winning but he chose a policy of warfare instead of negotiations. The result was a devastating war that not only ended without conquests but also led to the loss of the South Jutlandic areas that he had already obtained. During this war he showed much energy and steadiness, but also a remarkable lack of adroitness. In 1424, a verdict of the Holy Roman Empire by Sigismund, King of Germany, recognising Eric as the legal ruler of South Jutland, was ignored by the Holsteiners. The long war was a strain on the Danish economy as well as on the unity of the north.
Perhaps Eric's most far-ranging act was the introduction of the Sound Dues (Øresundtolden) in 1429, which was to last until 1857. By this he secured a large stable income for his kingdom that made it relatively rich and which made the town of Elsinore flowering. It showed his interest in Danish trade and naval power, but also permanently challenged the other Baltic powers, especially the Hanseatic cities against which he also fought. Another important event was his making Copenhagen a royal possession in 1417, thereby assuring its status as the capital of Denmark.
During the 1430s the policy of the king fell apart. In 1434 the farmers and mine workers of Sweden began a national and social rebellion which was soon used by the Swedish nobility in order to weaken the power of the king. He had to yield to the demands of both the Holsteiners and the Hanseatic League. In Norway, a peasant rebellion led by Amund Sigurdsson (1400–1465), rebelled against King Erik and his officials, besieging Oslo and Akershus Castle. When the Danish nobility opposed his rule and refused to ratify his choice of Bogislaw IX, Duke of Pomerania as the next King of Denmark, he left Denmark and settled at his castle Visborg in Gotland, apparently a kind of a “royal strike” which led to his deposition by the National Councils of Denmark and Sweden in 1439. The Norwegian nobility remained loyal to King Erik, and in 1439 he gave Sigurd Jonsson the title of drottsete, under which he was to rule Norway in King Erik's name. But with the King isolated in Gotland, the Norwegian nobility also felt compelled to depose him in 1440.
For ten years Erik lived on Gotland and made his living by piracy against the merchant trade in the Baltic. Eventually he returned to Pomerania, where he died in 1459.
Read more about this topic: Eric Of Pomerania
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