_The Frankfurter Zeitung adds figures given by the British Admiralty on the same subject. These, it says, total 130 merchant ships with a registered tonnage of 457,000 tons, from the beginning of the war to May 26. Added to these, it says, are 83 fishing vessels with a tonnage of 13,585 tons, making a total of 213 ships with 470,585 tons. It says:_ These figures, however, are certainly incomplete, inasmuch as up to March 16 there had already been announced 145 ships with a total tonnage of 500,000 as lost, and the figures published by us above, based upon authentic material, concerning the victims of our submarines in three months, contradict beyond any power of dispute the euphemistic presentation of the British Admiralty. Even so, however, the English list still shows that since the beginning of the submarine warfare, although in that period there was little to speak of in the way of activities of the German cruisers abroad, the damage done to the English fleet has risen according to the confession of the Admiralty itself. Since Feb. 18, that is to say, since scarcely more than a quarter of a year, according to the English figures, no less than 56 British merchant ships with a tonnage of 187,000 tons (that is to say, more than 40 per cent. of the total number of merchant ships designated as lost) have been sunk. But if instead of these English figures the German compilation, which is indubitably correct, be accepted, then the entire picture changes considerably in our favor. In Memoriam: REGINALD WARNEFORD [From Truth of London] Young gallant soul, unversed in fear, Who swiftly flew aloft to fame, And made yourself a world-wide name, Ere scarce had dawned your brief career. To glory some but slowly climb By painful inches of ascent, And some, hereon though sternly bent, Ne'er reach it all their life's long time. But you--you soared as eagles soar; At one strong flight you flashed on high; The sudden chance came sudden nigh; You seized it; off its spoils you bore. And now, while still the welkin rings With your unmatched heroic deed, To paean elegies succeed, The mournful Muse your requiem sings. A requiem, yet with triumph rife! How not, while men their souls would give To die your death, so they might live Your "crowded hour of glorious life"? Great hour, that knows not time nor tide, Wild hour, that drinks an age's sweets, Brave hour, that throbs with breathless feats, Short hour, whose splendours long abide. American Preparedness By Theodore Roosevelt _In an address at the Panama-Pacific Exposition in San Francisco, delivered on July 21, Colonel Theodore Roosevelt said:_