Douglas Owen, 1911 Encyclopædia Britannica (1911)
“ Unwilling that the profit of carrying her great and increasing trade should be reaped by foreign bottoms, Germany turned herself to ship owning and shipbuilding, and with remarkable success. So great, indeed, was this success that important lines of German steamships rapidly grew up as competitors with British and other lines in foreign trades. Both in bringing home raw materials and in enabling German manufacturers to send their products to foreign consumers at low rates of freight, the German shipping was now greatly increasing the national prosperity. ”
