Denmark 1937

By | December 18, 2021

Population. – The variations in recent years in the total population count do not reveal notable changes; the censuses of 1930 and 1935 and the estimate of 1936 show no territorial variations and for the total population they respectively give the following data for the whole kingdom: 3,556,686 residents, 3,706,349 residents and 3,723,000 residents There is therefore a slight tendency to increase; consequently the density per sq. km. it has risen from 80 what it was in 1925 to 86 in 1935.

The population values ​​for the individual provinces are as follows.

Economy. – As far as the economic resources of the country are concerned, agriculture always appears to have the utmost importance, given that the country completely lacks the most important raw materials. The two main factors of Danish agriculture are the high percentage of arable land (more than 60%) and the very high yields obtained from the crops.

Of great importance are cereals, including barley (380,000 ha. And 9,000,000 q. Data for 1936), oats (377,000 ha. And 8,400,000 q.), Used above all for breeding; wheat (119,000 ha. and 3,100,000 q.) and rye (132,000 ha. and 2,100,000 q.). Forage crops (1,100,000 ha.) Are of considerable importance for breeding; in 1935 there were 3,116,000 cattle, 3,503,000 pigs, 536,000 horses, 175,000 sheep.

Livestock farming and related industries provide about 5/6 of export products; the manufacture of butter in 1935 reached 1,730,000 q. of which 1,138,000 q. exported, that of the dairy i 290,000 q. of which 66,500 for export. Also noteworthy are the industries for shipbuilding, sugar refineries (49,000 ha. With 2,035,000 quintals of sugar in 1936-37), chemical industries, etc.

Trade. – The trade is always remarkably flourishing and the values ​​for the five-year period 1932-1936 are the following (in millions of paper crowns).

The first item includes cereals, oil panels, coal, iron, wool, timber, petrol, etc.; in the second butter, lard, eggs, ships, fishery products, etc. The trade balance is balanced by maritime transport and the use of capital abroad.

Merchant Navy (p. 302). – As of June 30, 1937 the share of the motor ships had almost reached the tonnage of the steamers: 544,719 tons. gross in comparison to 572,793. The navy suffered from the world depression; in 1932, 300 thousand tons. they were in disarmament. But the situation has always improved; the gross income of the merchant marine rises to about 150 million crowns a year.

The best known and most important shipping company, the “Ostasiatiske Kompagni”, has 25 motor ships per ton. 179.338. Former owner of the pioneer of motor ships for long voyages, the Selandia (built in 1912), she sold this hull by replacing it with another 8500 tonne, of the same name. Ship production has passed with various fluctuations from 125,000 tons. gross in 1930 to 84 thousand in 1936; in 1937 the yards worked in full.

Navy. – Coast Guard Cutter Olfert Fischer has been transformed into non-radio-controlled self-propelled aircraft target ship.

Torpedo boats: at 3 (Dragen, Hvalen, Laxan) from 290 tons. and 27.5 knots, another 3 followed (Glenten, Høgen, Ørnen) built in 1933-34, of 290 tons. and 27.5 knots, armed with 2/87, 6 launch tubes of 456, also equipped as minelayers, while another 2 of the same type are planned. For Denmark military, please check

Submarines: 1 in project; 3 (Havmanden, Havfruen, Havcalven) completed by 300 tons. and 15/8 knots, armed with 5 launch tubes of 450.

Pupils training ship: Ingolf, launched in 1933, of 1180 tons. and 16.5 knots, armed with 2/120 and 1 aircraft, also used for the protection of fishing.

The numbers reach 1,900 men.

Finance . – The Danish economy was deeply affected by the crisis, but with various measures the government managed to minimize the impact on the financial situation.

As of March 31, 1937, the external debt was 669 million and the internal debt 653 million (of which 560 is consolidated).

The convertibility of the notes (restored on January 1, 1927 on the pre-war gold base; 1 crown = 0.403226 g of fine gold) was suspended on September 29, 1931 and in November of the same year, the control of currency exchange was instituted. Since January 1933, however, the krona has been pegged to sterling at the rate of 22.40 kroner for 1 ??? 116 ???.: De facto stabilization which recognized an overall devaluation of about 50% and which has not undergone further changes. By law of 7 April 1936, the National Bank of Copenhagen, a private bank enjoying the privilege of issuing for 118 years, was transformed into the National Bank of Denmark which, while retaining the form of a joint-stock banking institution, is in fact a state bank with the monopoly of the issue and the obligation to cover the tickets with a gold reserve of 25%.

As of December 31, 1937, notes in circulation amounted to 417 million and the gold reserve to 118 million in gold and 62 in foreign currencies.

The main banks are: Privatbanken København (1857), Danske Landmandsbank Hypotek og Vekselbank (1871) and Københavns Handelsbank (1873).

Denmark 1937