Fugger, laying the foundation of his mining…

Fugger, laying the foundation of his mining business in Salzburg, provides loans to the independent silver mine owners in the Salzburg Slate Alps, which have constant need for new capital.

Instead of receiving the usual documents acknowledging debt, he demands "Kuxe", essentially becoming a shareholder in the mines, and through this device forcing more and more mine operators in the area of Gastein and Schladming to sell their silver directly to the Fugger family instead of intermediary traders.