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 of its finest ships, and with most of the remainder out of action.

It is only the ignorant who imagine that the loss of a few ships could mean a weakening of British naval prestige. A fleet, if it is to be better than scrap iron, must be risked gallantly when occasion offers. The real test of success is the fulfilment of a strategic intention. What was Germany's aim? Her major purpose was to destroy the British command of the sea. In that she never came near succeeding. From the moment of von Scheer's return to port the British fleet held the sea and is still holding it. The blockade which Germany thought to break was drawn tighter than ever. Her secondary aim was so to weaken the British Fleet that it should be more nearly on an equality with her own. Again she completely failed, and the margin of British superiority was in no way impaired. Lastly she hoped to isolate and destroy a British division. That, too, failed. The British Battle Cruiser fleet is to-day a living and effective force while the German Battle Cruiser fleet is only a shadow. The result of the battle of May 31st was that Rh