THE QUESTION OF NO INDEMNITY.
(To THE EDITOR or THE SPECTATOH"1 6a,—The Germans themselves have laid down an excellent rule an the question " Indemnity or No Indemnity." In one of the articles of the Peace of Vienna in 1864, forced on vanquished Denmark by Prussia and Austria, it is decreed that all German and Austrian ships with their cargoes captured during the war have to be restored. Moreover, the ships have to be returned in the condition in which they were at the time of their capture. A■ regards destroyed or no longer existent cargoes, compensation shall be guided by the value they would have had at the place of their destination at the time when it may be assumed the ship would have probably arrived. Both the Allied Powers and the neutrals may reasonably follow this advice when the time comes to send in-the bill for the ' U '-beat piracies.—I am, Sir, Ac., W. R. Paws. National Liberal Club, Victoria Street, S.W. 1.
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