DR. SIEMERS: Assmann has written (Document D-854, GB-460):

“If, in this light, there were plans for ‘preparing the construction’ in 1935 of twelve 275-ton submarines, six 550-ton submarines, and four 900-ton submarines, then one will have to consider the strategic points of view valid at that time.”

Added together 22 were planned, and for the following year 14 submarines—by no means built, just planned. Are these figures correct in your opinion?

RAEDER: They are correct in my opinion. The only thing I am not sure about is the 900-ton type; I cannot quite explain that. I cannot remember that at that time we were building 900-ton boats. Apart from the 250-ton type, our first types were 550-tons, and only then did the 740-ton boats come. Perhaps he is thinking of those when he says 900-tons. We did not actually build 900-ton boats.

DR. SIEMERS: On Page 158, Sir David has read to you the following sentence, which I want to repeat because it needs clarification.

“It is probably in this very sphere of submarine construction that Germany adhered least to the restrictions of the German-British Treaty. Considering the size of U-boats which had already been ordered, about 55 U-boats could have been provided for up to 1938. In reality, 118 were completed and constructed.”

I want to remind you that in the original there is the Note Number 6 referring to a letter of the Chief of the Naval Budget Department...

RAEDER: Yes.

DR. SIEMERS: ...from the year 1942, presumably containing statistics on the construction of submarines as the years went by. I believe that these figures need to be clarified.

According to material at my disposal, it appears that these 55 U-boats were in accordance with the London Agreement; that is to say, in accordance with the 45 percent agreed on in 1935. You probably have not got the exact figure in mind, but is that roughly correct?