Unless eve are greatly mistaken, the attempt to isolate the
British Isles by placing a ring of terror round them, instead of resulting in making a leper country of Britain, will only result in Germany being cut off from all intercourse with neutral States. In the first place, our naval pressure and vigilance are going to be very greatly increased. Next, the neutral Powera are all greatly annoyed by Germany's threats, and their ships will hesitate before they cross the North Sea with its new and unknown dangers from mines, and from German submarines bobbing up to discharge a torpedo at the first thing they see near them. Finally, a German " success" against a neutral vessel may very likely turn that neutral into an active enemy. Very little extra danger for neutral ships coming here, and very great increase of danger for neutral ships attempting to get to German or Dutch ports, is almost certain to be the net result of Germany's new policy.