Policy
So long as the union was insecure, Margaret had tolerated the presence of the Riksråd, but their influence was minor and the Royal authority remained supreme. The offices of High Constable and Earl Marshal were left vacant; the Danehof fell into ruin, and the great Queen, an ideal despot, ruled through her court officials, who served as a superior kind of clerk. In any event, law and order were well maintained and the licence of the nobility was sternly repressed. The Kingdoms of Sweden and Norway were treated as integral parts of the Danish State, and national aspirations were frowned upon or checked, though Norway, being more loyal, was treated more indulgently than Sweden.
Margaret recovered for the Crown all the landed property that had been alienated in the troubled times before the reign of Valdemar IV. This so-called reduktion, or land-recovery, was carried out with the utmost rigour, and hundreds of estates fell into the hands of the crown. She also reformed the Danish currency, substituting good silver coins for the old and worthless copper tokens, to the great advantage both of herself and of the state. She always had large sums of money at her disposal, and much of it was given to charity.
In contrast with the foreign policy of her venturesome father, Margaret's was circumspect and unswervingly neutral. However, she spared no pains to recover lost Danish territory. She purchased the island of Gotland from its actual possessors, Albert of Mecklenburg and the Livonian Order, and the greater part of Schleswig was regained in the same way.
In 1402 Margaret entered into negotiations with King Henry IV of England about the possibility of a double-wedding alliance between England and the Nordic Union. The proposal was for King Eric to marry Henry's daughter Philippa, and for Henry's son, the Prince of Wales and future Henry V of England, to marry Eric's sister Catherine. The English side wanted these weddings to seal an offensive alliance that could have led the Nordic kingdoms to become involved in the Hundred Years' War against France. Margaret followed a consistent policy of not becoming involved in binding alliances and foreign wars, and therefore rejected the English proposals. However, although there was no double wedding, Eric married the 13-year-old Philippa, daughter of Henry IV of England and Mary de Bohun, at Lund on 26 October 1406, sealing a purely defensive alliance. For Eric's sister Catherine, a wedding was arranged with John, Count Palatine of Neumarkt. Margaret thus acquired a South German ally, who could be useful as a counterweight to the North German Princes and cities.
Read more about this topic: Margaret I Of Denmark
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