It was stated in Parliament that in the year 1916 Germany, according to her naval law, would have thirty-six dreadnoughts, a number which would involve the building by this country of forty-four such vessels in the same period, toward which the Government was only providing two in the current year. It was also stated that in the year 1911 Germany would possess thirteen dreadnoughts and Great Britain only twelve, which statement was founded upon reasonable assumptions. Could Germany reckon upon the continuance of such a relative position, the advantage to her would be very great. It was at this critical moment that the German Emperor indited his letter to the First Lord of the Admiralty, which is printed below. When the fact became known there was a good deal of public feeling aroused both in this country and abroad. Lord Tweedmouth stated that the letter was a private letter and purely personal. Prince von Buelow informed the Reichstag that the letter was of both a private and political character, adding some remarks concerning the "purely defensive character of our naval programme which," said the Chancellor, "cannot be emphasized too frequently." The German Foreign Office officially announced that "in his letter the Emperor merely corrected certain erroneous views prevalent in England regarding the development of the German fleet." Readers are now in a position to judge for themselves the accuracy of these statements. It should be remembered that the reduced navy estimates of 1908-9 were followed by national alarm and the publication of Admiral Lord Charles Beresford's shipbuilding programme and large increase in estimates of the following year. Here is the letter: The Kaiser's Letter. Berlin, 14th-2, 1908. My Dear Lord Tweedmouth--May I intrude on your precious time and ask for a few moments' attention to these lines I venture to submit to you? I see by the daily papers and reviews that a battle royal is being fought about the needs of the navy. I therefore venture to furnish you with some information anent the German naval programme, which it seems is being quoted by all parties to further their ends by trying to frighten peaceable British taxpayers with it as a bogy. During my last pleasant visit to your hospitable shores I tried to make your authorities understand what the drift of German naval policy is, but I am afraid that my explanations have been either misunderstood or not believed, because I see "German danger" and "German challenge to British naval supremacy" constantly quoted in different articles. This phrase, if not repudiated or corrected, sown broadcast over the country and daily dinned into British ears, might in the end create the most deplorable results.