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The Marshall Islands ended up claimed by Spain in 1874. Adhering to papal mediation and German payment of $4.5 million, Spain acknowledged Germany's declare in 1885, which set up a protectorate and build trading stations around the islands of Jaluit and Ebon to perform the flourishing copra (dried coconut meat) trade. Marshallese Iroij (substantial chiefs) continued to rule less than indirect colonial German administration.
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