In the 1870s and 1880s German commercial firms began to site trading stations in
New Guinea. Agents of
J.C. Godeffroy & Sohn reached the
Bismarck Archipelago from the
Caroline Islands in 1872. In 1875, Hersheim & Company moved to the Archipelago. In 1884, the
New Guinea Company was founded in
Berlin by
Adolph von Hansemann and a syndicate of German bankers for the purpose of colonizing and exploiting resources on
Neuguinea (
German New Guinea), where
German interest grew after British
Queensland's annexation of part of eastern
New Guinea. This expedition was with the knowledge and blessing of the German Chancellor, Count
Otto von Bismarck, and with secrecy and speed an expedition was fitted out under Dr
Otto Finsch, ornithologist and explorer. . His task was to select land for plantation development on the north-east coast of New Guinea and establish trading posts. Its influence soon grew to encompass the entire north-eastern part of New Guinea and some of the islands off the coast. The Neuguinea Compagnie expedition left
Sydney for New Guinea in the steamer
Samoa captained by
Eduard Dallmann. On 19 August, Chancellor Bismarck ordered the establishment of a German protectorate in the New Britain Archipelago and north-eastern New Guinea.
German colonial rule in New Guinea lasted for a period of thirty years, For the first fifteen years the colony was administered under imperial charters by a private company, in the manner of the old
British East India Company and
Dutch East India Company, but with far less success. From 1899 to 1914, the Imperial Government administered German New Guinea through a governor, who was assisted after 1904 by a nominated Government Council. When the Imperial Government took over the running of the colony in 1899, its overriding objective was rapid economic development, based on a German-controlled plantation economy. == Sources ==