Lloyd's Register of Shipping announced last week the countries which led in shipbuilding in 1925. As usually Britain and Ireland headed the list, having turned out 1,084,633 tons. But the U. S., which had been third the year before, dropped to fourth place in 1925 with only 128,776 tons, and Italy stepped up into third place. The order in which various countries have stood in shipbuilding in recent years:
1st 2nd 3rd
1911 Britain Germany U. S.
1919 U. S. Britain Japan
1920 U. S....
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