218 SELLING LATIN AMERICA
had vessels in which to convey it to the
markets across the seas. With the exorbitant
freight rates which were beginning to be
charged, as cargoes multiplied and ships be
came scarce, it became obvious that all this
newly secured trade would be seriously jeopar
dized, if not completely lost, unless the entire
situation was under the absolute control of the
Government and in the hands of the German
people. Accordingly the State took up the
question, and to make a long story short, the
result was the development of the enormous
German merchant marine,—perhaps the most
complete and perfect in the world—with sub
sidies from the national treasury, which en
abled ship owners to quote a freight rate per
ton so low, that it was cheaper to ship German
made goods from Hamburg to Valparaiso,
than from Hamburg to many of the interior
cities of the Fatherland for home consumption.
This last stroke of generalship in this business
campaign for commercial supremacy gave
Germany the greatest impetus toward reach
ing the goal upon which her eyes were fixed,