In 1901 the merchant navy included 228 steamers of 91,465 tons net, and 343 sailing vessels of 76,992 tons net.
The merchant navy of Rumania comprised about 495 vessels of 145,000 tons, including 88 steamers.
The merchant navy of Spain, far from decaying through the loss of her colonies in 1898, seems to have been given fresh impetus.
Encouragement of industry was not wanting; the state undertook to develop the herds of merino sheep, by issuing prohibitions against inclosures, which proved the ruin of agriculture, and gave premiums for large merchant ships, which ruined the owners of small vessels and reduced the merchant navy of Spain to a handful of galleons.
guardsmanonel of the Regiment and 40 welsh Guardsmen will line the path to the new Merchant Navy Falklands Memorial.