He added: "We must always be expecting some new bad thing from Germany, but 1 will venture to say. that it is with growing confidence that we await further developments Jor variants tu their attack."
Afier five months of war, all the Germans could do against the Alles fon sea had been checked The U-boat campaign was for the time cing, "utterly broken;" the mining menace was in good control, British shipping virtually had not diminished and all the oceans of the world were free from surface raiders.
Tt was true, he continued, thet the German _pocket-battleship. Deutsehhad escaped the clutches of British cruisers by the "skin of her fe." but the Grat Spee was "stuck up in the harbour of Montevideo as a grisly monument and a measure of the fate in store for any Nazi warship which dabbled in piracy on broad waters."
Mr, Churchill prefaced his remark, given earlier, about things going well for the Allies with the remark that
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