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 APPENDIX

THE ADMIRALTY MEMORANDUM OF NOVEMBER 19TH, 1910, ON THE RISK OF INVASION

really serious danger that this country has to guard against in war is not invasion, but interruption of our trade and destruction of our Merchant Shipping.

The strength of our Fleet is determined by what is necessary to protect our trade, and, if it is sufficient for that, it will be almost necessarily sufficient to prevent invasion, since the same disposition of the ships to a great extent answers both purposes.

The main object aimed at by our Fleet, whether for the defence of commerce or for any other purpose, is to prevent any ship of the enemy from getting to sea far enough to do any mischief before she is brought to action. Any disposition that is even moderately successful in attaining this object will almost certainly be effective in preventing a large fleet of transports, than which nothing is more vulnerable or more difficult to hide, from reaching our shores.