New York Jan. 5.
Maritime insurance rates on cargoes destined to or coming from the United States have been reduced for the second time this week, in some cases as much as two per cent. The reason given for the reduction was "the greater safety in maritime transport."—Havas.
Britain Remains Chicago, Jan. 5.
Lord Lothian, British Ambassador in Washington, today predicted that Germany would launch a "terrific attack by land, sea and air, using every weapon in her armory," early in spring in an attempt to defeat the Allies.
an address before the Council ior Foreign Relations here, he said that sea power is "ihe real key to victory."
"It Germany can defeat England, either by direct attack on her naval communications, or in a drive through Belgium or the Maginot Line, and compel us to surrender our fleet or a large part of it, or naval bases from which fleets may travel throughout the world, then Germany will be top of the world..." the Ambassador said.
"If the German thrust for sea power ails, it is only a question of time before the relentless pressure will block her capacity to carry on the war effectively."
Germany cannot wait beyond spring te attack, Lord Lothian said.
"It is a decision which may give Undismayed; Sea Power Vital them the supreme prize—World Fmpire," he declared. "That chance muy never come again.... When the attack comes it will be with all the ferocity and ruthlessness the Nazis have taught us to expect."
Britain is not dismayed, because she is morally and physically pre-pored, he said, with the neutral rations mostly hoping for an Allied victory—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.