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Foreign News May 26, 1899

The Hood River Glacier

Hood River, Hood River County, Oregon

What is this article about?

German trade through the Suez Canal has expanded significantly, from 1% of total tonnage twenty years ago to 11% now, much with British possessions. Germany leads with largest vessels, like the 10,000-ton Friedrich der Grosse in 1896, and paid 8 million francs in dues in 1897.

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Full Text

Increase in German Trade.

A remarkable proof of the expansion of German trade is furnished by the traffic returns of the Suez Canal. Twenty years ago the German share of the canal traffic was 1 per cent. of the total tonnage. It is now 11 per cent., a large proportion of the trade being with British possessions. Another curious fact in connection with the canal is that the largest vessels passing through are German. As long ago as 1896 Germany took the lead in this respect. The steamer Friedrich der Grosse, of 10,000 tons, went through in that year, paying dues amounting to 72,000 francs. Several German steamers of the same size are mentioned in subsequent canal reports, and at the present moment others are being built for the regular service in China and Japan. German owners paid 8,000,000 francs in canal dues in 1897.

What sub-type of article is it?

Trade Or Commerce Economic

What keywords are associated?

German Trade Expansion Suez Canal Traffic Vessel Dues British Possessions Trade Friedrich Der Grosse

Where did it happen?

Suez Canal

Foreign News Details

Primary Location

Suez Canal

Event Date

1896 1897

Outcome

german share increased from 1% to 11% of canal traffic; paid 8,000,000 francs in dues in 1897

Event Details

Expansion of German trade shown by Suez Canal traffic returns: from 1% twenty years ago to 11% now, much with British possessions. Largest vessels are German, starting with Friedrich der Grosse (10,000 tons) in 1896 paying 72,000 francs. More such steamers in reports, new ones building for China and Japan service.

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