But before there could be any question of employing the war policy on which the Admiralty had decided, there was a preliminary period to be traversed of the most momentous and critical character. This period raised another set of problems before which the inconveniences of raids, or even an attempt at serious invasion, paled in gravity. Of all the dangers that menaced the British Empire, none was comparable to a surprise of the Fleet. If the Fleet or any vital part of it were caught unawares or unready and our naval preponderance destroyed, we had lost the war, and there was no limit to the evils which might have been inflicted upon us except the mercy of an all-powerful conqueror. We have seen in recent years how little completely victorious nations can be trusted to restrain their passions against a prostrate foe. Great Britain, deprived of its naval defence, could be speedily starved into utter submission to the will of the conqueror. Her Empire would be dismembered; her dominions, India and her immense African and island possessions would be shorn off or transferred to the victors. Ireland would be erected into a hostile well-armed republic on the flank of Great Britain; and the British people, reduced to a helpless condition, would be loaded with overwhelming indemnities calculated to shatter their social system, if, indeed, they were not actually reduced, in Sir Edward Grey’s mordant phrase, to the position of ‘the conscript appendage of a stronger Power.’ Less severe conditions than have since been meted out to Germany would certainly have sufficed to destroy the British Empire at a stroke for ever. The stakes were very high. If our naval defence were maintained we were safe and sure beyond the lot of any other European nation; if it failed, our doom was certain and final.