NEWS OF THE WEEK.
TEE weekly return of British shipping losses from the ' U '-boat campaign shows that the position is still serious. Twenty- one vessels of over 1,600 tone have been sunk during the week. Strictly, two of these belong to the previous week, but whether we assign them to one week or the other makes little difference. During the past three weeks (according to the corrected figures) the losses have been nineteen, twenty, and nineteen, as compared with fifteen and thirteen in the weeks ending July 15th and July 8th respectively. It is plain that no panacea, for destroying ' U '-boats has yet been discovered, and of course we should be very foolish to hope for such a thing. It may come, but we must certainly not reckon on it. We must make our plans, on the contrary, as though the panacea were certain not to be discovered.
