7. That all unnecessary expenses should be at once cut down, so that British credit should stand at its highest when the strain came.

These are only the general conclusions. The article attracted some attention, but I do not suppose that it had any actual influence upon the course of events. To reinforce it I wrote an imaginary episode called “Danger” in the “Strand Magazine,” to show how even a small Power might possibly bring us to our knees by the submarine. It was singularly prophetic, for not only did it outline the actual situation as it finally developed, but it contained many details, the zig-zagging of the merchant ships, the use of submarine guns, the lying for the night on sandy bottoms, and so forth — exactly as they occurred. The article was sent round in proof to a number of high naval officers, mostly retired, for their opinions. I am afraid that the printed results, which I will not be so cruel as to quote, showed that it was as well they were retired, since they had no sense of the possibilities of the naval warfare of the future.

One result of my “Fortnightly” article was that General Henry Wilson, late Chief of the Staff College as he then was, desired to see me to cross-question me, and a meeting was arranged at the house of Colonel Sackville-West, Major Swinton being also present. There, after luncheon, General Wilson machine-gunned me with questions for about an hour. He was fierce and explosive in his manner, and looked upon me, no doubt, as one of those pestilential laymen who insist upon talking of things they don’t understand. As I could give reasons for my beliefs, I refused to be squashed, and when the interview was over I went straight down to the Athenæum Club and wrote it all down from memory. It makes such curious reading that I give it exactly as I reported it that day, in dialogue, with one or two comments from Colonel Sackville-West. After saying with some asperity that I had made many statements which I could not substantiate, and so might give the public far too optimistic a view of the position, he said: “Why do you say that we would never pay an indemnity to Germany?”

A. C. D. It is a matter of individual opinion. I go upon history and upon the spirit of our people.

Gen. W. Had not France equal spirit in 1870? How is it that they paid an indemnity?

A. C. D. Because Germany was sitting on top of them, and she had to pay to get from under.

Gen. W. Why may she not sit on top of us?

A. C. D. Because we live on an island and she cannot occupy us in the same way.

Colonel S.-W. I believe a little pressure on London would cause us to pay an indemnity.

A. C. D. The man who suggested it would get hanged.