Considerable supplies of ore which Germany was formerly obtaining from Narvik had been' indefinitely suspended, During period of just aver three weeks, German naval losses amounted to a serious figure. They included two capital ships damaged, certainly three, (possibly. four, cruisers sunk, ard 11 destroyers and five-boats sun.
In addition, 20 transports and storeships. were sunk, scuttled or sot on fire with the loss of several thousands of lives. A further 10 transports oF store—ships had been strucle by British torpedoes and probably sunt Losses sustained by the Royal Navy' [during the same period were four destroyers, three submarines, sloop and' five trawlers. Five' off warships were damaged by air attack, and one store-ship was also sunk by a U-boat torpedo, Tt would seem from these figures, Mr. Chamberlain added, that whereas the strength and efficiency of the Royal Navy had been little if at all affected, the injury to the German Navy" had been so substantial as to aller the entire balance of aval power and permit an_ import. unt redistribution of the main Allied
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