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A translation of Hilberts "Theorie der algebraischen Zahlkoerper" best known as the "Zahlbericht", first published in 1897, in which he provides an elegantly integrated overview of the development of algebraic number theory up to the end of the nineteenth century. The Zahlbericht also provided a firm foundation for further research in the theory, and can be seen as the starting point for all twentieth century investigations into the subject, as well as reciprocity laws and class field theory. This English edition further contains an introduction by F. Lemmermeyer and N. Schappacher.