It remains only to sketch the main features of German history in later years. In spite of the denunciation by the Social Democratic leaders of what they stigmatized as a "policy of brag," the general popularity of the idea of establishing a strong sea power was proved by the rapid extension of the Navy League, which in 1904 had already 3595 branches. For an increase in the navy there was, indeed, sufficient excuse in the enormous expansion of German oversea commerce and the consequent growth of the mercantile marine; the value of foreign trade, which in 1894 was £365,000,000, had risen in 1904 to £610,000,000, and in the same period the tonnage of German merchant shipping had increased by 234%. In the session of 1901 Admiral von Tirpitz, the minister of marine, admitted in answer to a Socialist interpellation that the naval programme of 1900 would have to be enlarged. In 1903 Count Bülow declared in the Reichstag that the government was endeavouring to pursue a middle course between "the extravagant aspirations of the Pan-Germans and the parochial policy of the Social Democrats, which forgets that in a struggle for life and death Germany's means of communication might be cut off." At the same time the emperor presented to the Reichstag a comparative table, drawn up by his own hand, showing the relative strength of the British and German navies. An inspired article in the _Grenzboten_ declared the object of this to be to moderate at once the aggressive attitude of the Pan-Germans towards Great Britain and British alarms at the naval development of Germany. This gave a fresh impetus to the naval agitation and counter-agitation. In 1904 Count Bülow again found it necessary, in reply to the Socialist leader Bebel, to declare that the German naval armaments were purely defensive. "I cannot conceive," he said, "that the idea of an Anglo-German war should be seriously entertained by sensible people in either country." On the 16th of November 1905 a new Navy Bill amplifying the programme of 1900 was accepted by the Federal Diet. The Navy League, encouraged by its success, now redoubled its exertions and demanded that the whole programme should be completed by 1912 instead of 1917. Bebel denounced this agitation as obviously directed against England; and the government thought it expedient to disavow the action of its too zealous allies. A telegram addressed by the emperor William to the presidents of the League, Generals Keim and Menges, led to their resignation; but the effect of this was largely counteracted by the presence of Prince Henry of Prussia and the king of Württemberg at the annual congress of the League at Stuttgart in May, while at the Colonial Congress in the autumn the necessity for a powerful navy was again one of the main themes of discussion. That the government was, in fact, at one with the League as to the expediency of pushing on the naval programme was proved by the revelations of the first lord of the