 One of the chief expedients of the improved state of affairs was the raising of the Sound Dues.Oxe, as lord treasurer, reduced the national debt considerably and redeemed portions of crown lands.After King John III of Sweden, King Eric's successor, refused to accept a peace favoring Denmark in the Treaties of Roskilde (1568), the ongoing war dragged on until it was ended by a status quo peace in the Treaty of Stettin (1570), that let Denmark save face but also show limits of Danish military power.