Such measures were undermined by his other policies. Gustav IV Adolf's personal dislike of the Riksdag, which had the power to raise taxes, led to his refusal to call them into session after 1800, crippling his attempts to raise state revenues. Gustav IV Adolf's foreign policy plunged Sweden into disastrous (and expensive) wars against France and Russia. The cost of years of war, several poor harvests in the years between 1798 and 1809, the ineptitude of his ministers in carrying out fiscal reforms, and the loss of the tax base of Finland had ballooned Sweden's national debt.Kent, Neil (2010). A Concise History of Sweden, pp. 149–150. Cambridge University Press, Cambridge. The impending demands of Napoleon to adhere to the Continental System forecasted even greater difficulties. Charles John immediately began making reforms, and used his sizable fortune, accrued honestly during his time as French Marshal, to pay off much of the debt, and to stabilize the economy by both grants and via a loan to the state of £300,000 sterling at five percent interest. Charles John also purchased back from the French private estates that had been confiscated during the occupation of Swedish Pomerania from 1808 to 1810 and returned them to their original Swedish and German owners.Phillipart, John (1814). Memoirs and Campaigns of Charles John, Prince Royal of Sweden, pp. 144–145. C.J. Barrington, London.
Such measures were undermined by his other policies. Gustav IV Adolf's personal dislike of the Riksdag, which had the power to raise taxes, led to his refusal to call them into session after 1800, crippling his attempts to raise state revenues. Gustav IV Adolf's foreign policy plunged Sweden into disastrous (and expensive) wars against France and Russia. The cost of years of war, several poor harvests in the years between 1798 and 1809, the ineptitude of his ministers in carrying out fiscal reforms, and the loss of the tax base of Finland had ballooned Sweden's national debt.Kent, Neil (2010). A Concise History of Sweden, pp. 149–150. Cambridge University Press, Cambridge. The impending demands of Napoleon to adhere to the Continental System forecasted even greater difficulties. Charles John immediately began making reforms, and used his sizable fortune, accrued honestly during his time as French Marshal, to pay off much of the debt, and to stabilize the economy by both grants and via a loan to the state of £300,000 sterling at five percent interest. Charles John also purchased back from the French private estates that had been confiscated during the occupation of Swedish Pomerania from 1808 to 1810 and returned them to their original Swedish and German owners.Phillipart, John (1814). Memoirs and Campaigns of Charles John, Prince Royal of Sweden, pp. 144–145. C.J. Barrington, London.