ment of eight 14-in. guns. In addition there were building five or six light cruisers as "replace" ships for war losses, and al] of the same design, viz., 5,600 tons, 27.5 knots, and eight 5.9 in. guns. Torpedo craft under construction comprised 90 large destroyers and 22 torpedo-boats. This large programme of new shipbuilding shows that Germany still hoped to strike some blow at sea, or, alternatively, that: she anticipated a peace which would leave ber navy intact, and was doing everything possible to ensure to it a high standard of relative strength in the post-war period. According to the "7aschenbuch," all the uncompleted vessels of war, from battleships to submarines, inclusive, have now been either broken up or adapted to commercial purposes.
Text read from the printed page and cleaned; old type leaves the occasional error.