New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-12-30
TRADE AND FINANCE ABROAD.

German commerce Is taking every measure cal
cuated 10 give it large share of the Chinese
trade. about 10 he opened TO the innermost lin
It's Of the Celestial Empire a consequence OF the
resolution of the European Powers practically 10
divide China among themselves. The Rickmers
firm Of Bremen, has just ordered the building Of
two screw steamers Of the most improved model
capable OF steaming twelve knots an hour Ihey
will make regular and bi-weekly service on me
YanS-tse- kiang, between Shansnal ana hanhow,
These steamers Will be Quilt on the model OF tns
American steamers plying on the Mississippi ana
they Will be able to carry large NUMBER OF Passei-
gers Their draught will De sufficiently shallow 10
The water Is very low They viii call Ching Kiang
Kinkey. Alihu and the other principal places along
Jantse Line. and will fly the German flag. with
the letter r in the middle.
The Commission on the Mercantile Marine chosen
by the French Chamber Of Deputies has reported
favoraby some resolutions designed to grant favors
the merchant marine in the way Of compensation
for charges imposed on 1t by the necessities or the
military or rather the naval, service. II Is known
that all French sailors in private service belong to
what is called the Maritime Inscription and are
liable be drafted whenever the State needs to en-
pioy them on war vessels The commission , OF me
navigation" or a compensation Of armament" to
every sea vessel IN steer OF ron sauss
Old The Deputies expect that the adoption or THIS
''armateure 10 fight more successfully the COMPETE
ton offered by the German and the British ship
The European press, or rather the commercial or
gans in Continental Europe. have Just found or
imagined a curious reason to explain the friendly
sentiments manifested by England toward the
United States and the absence of jealousy the
part Of the Brtishers at the sight Of the political
and especially the commercial success of America
throughout the world. These organs say that 1t
English capital il engaged in the commerce and
industry If the United States. Consequently in ia
orfr Am
doing a work useful 10 themselves and to the nifty
billions of francs which said 10 represent the
British capital invested In American enterprises.
Recent dispatches alluded to so-called mysterious
movements made off the coast of Newfoundland by
a French cable-repalring steamer. which was said
10 he AT work changing the line OF the submarine
cables a. a precaution in case of The latest
ca ole laid by the French company between Brest
and New York. and which is the largest and long
est OF all submarine cables Is not on the New
foundland coast. but Is stretched direct between
Brest and Cape Cod
The rapid progress made by Japan in it's indus
tries during the last few years was mainly due TO
the development which coal production had as
sumed there and which facilitated the starting OF
so many Establishments and caused an increase Of
fears expressed by British and European manu-
factIrerS I'm regard to the sudden competition ~
Japan are about 10 vanish now, when n Is stated
that coal production has ceased 10 be considerable
in the japanese Empire. II appears mat there Is
not more than one million tons OF coal year now
mined i'm the whole country. and that nine -tenths
of this comes from the mines OF Hokkaido and
Kienson. which are reported as nearly exhausted.