17 Facts About Peder Kolstad

Peder Ludvik Kolstad was a Norwegian politician from the Agrarian Party.

Peder Kolstad was the prime minister of Norway from 1931 until his death in 1932.

Peder Kolstad subsequently worked as teachers at agricultural schools in Asker, Akershus county and Nedenes, Aust-Agder county.

Peder Kolstad served in the Standing Committee on Finance in all his parliamentary career, becoming head of the committee in 1928.

Peder Kolstad served as secretary for the Farmers' Party's parliamentary group in all his years in Parliament and was elected President of the Odelsting in 1931.

Peder Kolstad took the position of Minister of Finance in addition to being prime minister.

Peder Kolstad set as an ultimatum that Jon Sundby should take the position as Minister of Agriculture; Sundby himself originally wanted to stay in the Parliament as leader of the Standing Committee on Agriculture.

Peder Kolstad stated that Quisling's knowledge about Russia as demonstrated in his writings would be useful for the cabinet.

On 10 July 1931, the Peder Kolstad cabinet confirmed the concession that the Mowinckel's Cabinet had already given.

When Peder Kolstad formed the cabinet in May 1931, the industry in Norway had been marked by strikes and lock-out since March.

The Liberal Party initially opposed the increase, but after Peder Kolstad threatened to resign over the issue a compromise was reached.

In December 1923, Peder Kolstad was informed that the large banks Bergens Privatbank and Den norske Creditbank were in grave financial troubles.

The cabinet and a majority in the Parliament backed a plan by the Norwegian Central Bank to help the bank with liquidity, but Peder Kolstad blamed the Central Bank for not having addressed the problem at an earlier stage and argued in favour of more political influence over the Central Bank.

Peder Kolstad suffered various health problems during his time as prime minister and was hospitalised in January 1932.

Peder Kolstad died of a blood clot on 5 March 1932.

Peder Kolstad married Ingrid Mathiesen, daughter of an industrialist, in 1905.

Peder Kolstad was post mortem father-in-law to Liberal politician and women rights activist Eva Kolstad and the grandfather to film critic Harald Kolstad.