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THE MARINE REVIEW FRENCH STEAMERS more would be accomplished if the interior railways all granted prefer- ential tariffs to freight going and coming by sea, as was the case with Germany, France should build trade which figures of before the war, ticularly when she begins to ship abroad the surplus iron and_ steel Products from Lorraine a_ traffic which will need all possible en- couragement, considering manufac- turing costs of France, as compared with those of America. Allocation has been made to France lp: an expore: up to the scale or beyond, par- OPERATING IN of 150,000 tons of German ships, the value being estimated at 400,000,000 francs. These, according to the me ures of Paul Bignon, secretary of state for merchant marine, will bring the. gross tontiage of the Peemch merchant fleet well up to 3,500,000 tons or considerably more than French prewar tonnage. The German _ ton- nage is distributed as follows: Tons Compagnie General 'Transatlantique......... 82,944 Messageries Maritimes 3.4 3... 0...2... oe OO Chargeurs -Reunis) 22 as ee ie 7,529 Navigation du Sud Atlantique............. 15,262 Transports Maritimes a Vapeur.......... a le Ole Compagnie 'Cyprien Wabre.........-.... es 6,980 Societe -Navale de VOueSst. . 03... a FA Pa ,05 Societe "Gen -d Armament 24 3 0605 occ ee 399 IMI ORIENTAL TRADE BERTHED AT MARSEILLES Compagnie Navigation Paquet............. ' 4,771 Aifreteurs SReunISs cess ce ee " 3,830 Compagnie Havraise de Navigation....... ee 3,644 Compagnie Nantaise de Navigation...... Tacs % 3,385 Ss Other companies ccs occ. c # celtiedse O00 Some Germany shipping companies find operations profitable. The Argo Steam Navigation Co. Bremen, re- ports net earnings of 3,860,000 marks in 1919, compared with 860,000 in 1918, and the paying of a 30 per cent divi- cent instead of 6 per cent as in the preceding year, according to the Kolnische Zeitung. The balance car- ried over was 242,535 marks, against 173,575 last year. Depreciation of the mark reduces the actual gain. MAIL STEAMER OF MESSAGERIES-MARITIMES & ie THIS COMPANY LOST 11 STEAMERS DURING THE WAR IN THE MEDITERRANEAN.