This expedition  was from 
1872-
74 and discovered 
Franz-Josef Land[?].  According to 
Julius von Payer, one of the leaders, the journey was to find the north-eastern passage.  It actually explored the area northwest of 
Novaya Zemlya.  According to the other leader, 
Karl Weyprecht, the north pole was a secondary target.  The financing was an estimated total costs 175,000 florins from Austro-Hungarian nobles.
The main ship was the "Tegetthoff," named from an Austrian Admiral under whon Weyprecht served, built by Teklenborg & Beurmann in Bremerhaven.  It was a three-masted schooner of 220 tons, 38.34m long, with a 100 hp steam engine.
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