Part of Report by Hugh Watson, Naval Attaché at the British embassy in Berlin, 12th March 1913.
Crown copyright. Reference: Churchill Papers, CHAR 13/19/44-6.
"After a year's observation of the effects of the 1st Lord's speeches of last year I would say that there is not a shadow of doubt that they have been a big factor in bringing about a widespread feeling in Germany that Naval competition with England is hopeless, and that Germany must stick to her proper arm of defence, the army."