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losses at sea were very slight, the real losses were

crushing :— " In 1917 83 submarines were constructed, while 86 were de- stroyed. In April, 1917, Germany had 128 submarines, in October 146. In February, 1918, she had 136, and in June of the same year 113. Those were called ' front ' submarines, though, as a fact, very few of them were actively occupied. In January, 1917, when conditions were favourable for submarine work, only 12 per cent. were active, while 30 per cent. were in harbour. 38 per cent. under repairs, and 20 per cent. incapacitated."

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