I cannot myself, however, endorse this view. On the one hand, it is to be feared that the fighting strength of the hostile fleets increases quicker than that of ours; on the other hand, I believe that the general situation makes war with England inevitable, even if our naval force in the shortest time reaches its statutory strength in modern men-of-war. My view, therefore, is that we must first of all lay the solid foundation without which any successful action against the superior forces of the enemy is unthinkable. Should the coast fortifications fail to do what is expected from them, success is quite impossible. It is, however, all the more our duty to spare no sacrifices to carry out _both_ objects--the enlargement of the fleet, as well as whatever may still be necessary to the perfecting of our coast defences. Though this latter point calls for the first attention, the great necessity for the navy admits of no doubt. If we do not to-day stake everything on strengthening our fleet, to insure at least the possibility of a successful war, and if we once more allow our probable opponent to gain a start which it will be scarcely possible to make up in the future, we must renounce for many years to come any place among the World Powers. Under these circumstances, no one who cherishes German sentiments and German hopes will advocate a policy of renunciation. On the contrary, we must try not only to prosecute simultaneously the fortification of the coast and the development of the fleet, but we must so accelerate the pace of our ship-building that the requirements of the Naval Act will be met by 1914--a result quite possible according to expert opinion.