Servants of Credit: the Clerical Staff at the National Debt Office in Sweden, 1790–1820
2016 (English)Conference paper, Abstract (Other academic)
In 1789 the National Debt Office was established in Sweden. Its main role was to administer the government’s debt by selling long-term bonds on the domestic credit market, by issuing promissory notes in the Swedish realm and by negotiating external loans on the leading financial markets in Europe. The Debt Office was governed by a number of directors, who were appointed by the Swedish Diet. In order for the directors to implement the debt policies that were decided by the Diet, the directors were dependent on a staff of accountants, book keepers and secretaries that handled the daily transactions. Previous research on the Debt Office has primarily focused on the debates in the Diet regarding the Swedish government’s debt policies and the decisions taken by the directors. Scholars have also examined the financial standing of the Debt Office. However, very little attention has been given to the clerical staff that carried out the policies. In my paper I will concentrate on the activities of the accountants and the book keepers. I will examine their background and their position in the Debt Office and on the local credit market. Additionally, I will analyze how conflicts concerning salaries and promotions were handled within the organization. By examining these issues we will not only gain a better understanding of the operations of the Debt Office and the credit market in Stockholm, but also how clerical work was organized in a European state at the end of the eighteenth century.
Place, publisher, year, edition, pages
Research subject History
IdentifiersURN: urn:nbn:se:uu:diva-282163OAI: oai:DiVA.org:uu-282163DiVA: diva2:916603
European Social Science and History Conference