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Once the palmy days of the third quarter of the century were over the decline went on at an ever-increasing rate. In 1875 Canada built nearly 500 vessels, and, if small craft are included, the tonnage must have nearly reached 200,000. In 1900 she built 29 vessels, of 7751 tons steam, steel, wood, and sail. Shipowning does not show such a dramatic contrast, but the decline has been very marked.
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