The Admiralty has announced that 176,401 tons of British shipping
and 151,275 tons of Allied and neutral shipping were lost from all causes in August. The British losses were the lowest yet reported, save in June, since the enemy submarine campaign began, but, unhappily, they were larger by 51,726 tons than our output of new shipping. The American shipbuilders are doing splendidly, but at this most critical moment the Clyde shipbuilders have chosen to strike for a minimum wage of £5 a week, whioh is far less than most of them can and do earn. The tonnage of the steamers entering and clearing from British ports during the month was larger than ever. It must be added that the Allied and neutral losses were the heaviest for any month of this year, except March.