davidaulloa/AmericanStories huggingface dataset:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
ENGINEERS TO
DEVELOP PORT
AT SHANGHAI
Representatives of Seven Ma
tons Gathered to Make
Plans.
SHIPPING NEED EVIDENT

SHANGHAI, Dec 19-World famous
engineers, representing the best engln-
eering brains of the seven countries
having the largest shipping interests in
the Orient, are here in conference TO
evolve final plan to develop the greatest
port in the Far East In Shanghai, one
Of the foremost world ports, at cost OF
several million dollars.
For upward of decade the Whang
poo conseryancy board has been making
surveys and close study Of all conditions
concerning the port, the lower reaches OF
the Whangpoo and the estuary Of the
Yargtze. The preliminary work Of this
board is being reviewed by the visiting
engineers, who will make a final report
on the possibilities for future harbor
development in Shanghai after a careful
investigation.
Presumably the conservancy board
viii forward Its report to the Chinese
government for consideration, and a
scheme to carry through the recommends
lions will then have to be evolved.
Nal. Gen. W NJ Black. formerly chief
engineer OF the United States Army and
now retired, is the American member of
the consulting engineering committee. He
has arrived In Shanghai and is meeting
Will t. i DAltloh ACpACStANHLA'Nt
who is consulting engineer to the port
of London authority; P. G. Hornell, Chi
nese representative, consulting engineer
Of the hydraulic engineering bureau,
Stockholm; p. OFT De Vries, Dutch men,
ber until recently head of public works,
Netherlands, and now retired; L. Perrier,
french member, for twenty years engi-
neer on the Suez Canal; Isamu Hiroi, for
merly engineer in-chief of Hakodate aud
Otara Hnrbor Works and professor at
Toxic University, japanese member, and
II. Won Heidenstam, ex-officio member
captain Of the Royal Swedish Corps.
No little regret has been expressed that
Gen. George w. Cocktails, who won world
distinction because of his engineering
feats In the building Of the Panama Ca
nal, could not be a member of the board
Of consulting engineers, but this is tenn
pered by the fact that Major General
Black has consented to act.
The investigation of the engineers In
cludes n technical economical consider
alton of all the technical accommodation
and terminal (wharf, pier and cargo
handIing) facilities of Shanghai.
Located twenty miles from the sea, on
The WhangpoO River, very much in the
position of London on the Thames. and
with the approaches to and limit of draft
In the harbor at present $3.50 feet, Shang
hal must make immediate provisions for
harbor of the future. Unless the har
Dor is developed and accommodations
made for the big Pacific Ocean ships
which will be built during the next fifty
years, with their probable maximum draft
in view, cargo must be locked at
Japanese port and reshipped to Shanghai,
or Hghtered up the Whangpoo to Shang-
hal from the sea.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
(By Thomson & McKinnon.)


Wheat-Strength III wheat today was
a reflection of the Winnipeg market. The
buying in that market was attributed
to some of the leading cash interests in
the United States. That market, as well
as ours, is responsive to buying as there
are new hedging sales appearing, offer
ingS from first hands being extremely
small. Cash wheat at milling centers
has shown strength and there is no pre-
cipitation in the Southwest. Outside of
this the news was not favorable to hold
ers. Liverpool and Buenos Aires We're
quoted lower, with no explanation. Re
cent rains in Argentina have given place
to fine to weather and the harvest is
progressing favorably. Germany is said
to have been a good buyer of Argentine
absence Of new hedging sales places the
market in a position to respond readily
to any improvement III the export trade
1t also suggests that there will be no
extreme weakness, even though the
foreign demand remains as slow as at
present. We believe the trend of prices
is still dependent upon the volume of
foreign trade.
Corn and Oats-Heavy receipts of corn
at all markets were well taken care Of,
showing no weakness but on the other
hands sympathetic with wheat The de-
mand for cash corn was active, while
elevator and shipping interests were
buyers of the December. The oat market
is without developments of any sort.
Both corn and oats give continued evil
dence Of having discounted all reasons
for lower prices. but are kept from adj
vancing by the inopportunely large move
ment from the country.
Provisions-A decline IN hogs was
ignored in the provision market, there
being no hedging sales apparent. 1t
seems also that liquidation has been com
pleted. Products are cheaper than hogs.
The market should respond readily to
any revival Of general interest.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
Fire Used to Clear
Canada Brush Land

EDMONTON, Alberta, Dec. 19.-Clear-
Ing land by fire is new method being tried
out in northern Alberta. A tract of
100000 acres of government land in the
Battle River district, sixty miles noreh-
east Of Peace River Landing, most Of
which is bush country, is being cleared
by means of controlled fires. The work
is being carried out by party of twelve
men sent from Edmonton by the land
department of the Dominion government.
Trial of the fire method of clearing land
was made last year and proved entirely
practicable. When carefully set and con-
trolled fires were found to be the quick
est, cheapest and most effective method
of clearing and will in tn culture be ex-
tensively used en- government lands in
the North.
The Battle River land being burned
off will be thrown open to settlers. The
Peace River region is a rich farming
country. Though far north, it is warmed
by Chinook winds and has as mild eli
mate as parts of Canada much farther
south. Livestock Craze in the pastures
all the year round and forty bushels of
wheat to the acre is a common yield.
The rush to the Fort Norman oil fields
on the Mackenzie is expected to bring
many settlers into the Peace River Valley.
Men of the North country declare there
Is more money to be made in farming
In this fertile region than in boring for
oil at the frozen top of the continent.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
(By Thomson & McKinnon.)
naO 10


We have had a considerable amount
of profit taking today, the selling com
ing from a large number of commission
houses and including a considerable
variety of stocks.
That recessiOns should follow under
such circumstances seems perfectly
natural. The surprising fact is the won
derful manner in which the market alb
sorbed this selling and the way values
held up. Because of this We should not
proceed on the theory that reaction
will not finally materialize.
If we have more of this profit taking,
sooner or later it must have its effect
on values and it would be much better
to proceed on the theory that reason
able setback is likely. But so far as
the future of the market is concerned.
it is but necessary to watch business
developments as this IS the underlying
and guiding influence.
We have. from time to time, IN these
letters called your attention to the
Fundamental conditions which warrant
continuous Improvement and higher
prices. The strong financial position,
{he vast possibilities for credit expan-
sion. the necessity for. and the likelihood
of many corporate mergers, the tendency
toward Improvement in Europe. the
certain, though in spots. slow improve
ment in our industrial situation.
These matters are all influential and
will continue to be so until we have
equal accomplishments to our credit and
durin.. the process of Improvement the
long side of the market Is the only one
justified and would continue as hereto
fore taking advantage of all reactions to
accumulate your favorite stocks.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
GRAINS SUSTAIN
SHARP ADVANCES
Late Buying Movement En-
hances Values After Weak
Start.

CHICAGO, Dec 19.-Grain prices ad-
vanced on the Chicago Board of Trade
today. The extremely quiet market
opened lower than Saturdays close when
the selling side because of the export
demand. Later in the session many
bought, which enhanced prices. Provi-
sions were irregular.
December wheat opened at $1.07, off
Nc, and later advanced 21ac. May wheat
was up Nc at the initial quotation of
$1.12A and closed Use higher. July
wheat opened unchanged at SLOPES and
closed nc higher.
December corn opened at 1850, up 1sc,
and later gained &c; May corn opened
at 5294c off, re and ended. sc, higher;
closed up &c.
December oats opened at 32%c, off &c
and closed CSC higher May oats opened
opened at 3s5sc off Kc, and was sc
higher at the end of the session.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
In the Cotton Market

NEW YORK, Dec. 19.-The upward
movement in cotton received further i'm
petus today from trade, japanese and To-
IF 20 20 points
The purchasing was induced by firmer
rates for foreign exchange and strong
cables.
The demand was supplied by Liver
pool and Wall street houses.
At the end of the first fifteen minutes
he market was about even with initial
wells
New York Opening cotton prices: De-
cember, 1850; January, 1S4Oc March,
Sic; May, 17.76c; July, 1890; October,
66jc.
The market was firm throughout the
'tternoon on good buying and short
oyering.
The close was steady at a net advance
10 to % points.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
INDIANAPOLIS PRODUCE.

Butter-Local dealers are paying, 400
41c per ID. for butter delivered in Indi-
Eggs~Loss off, 47c. Butter-Pack-
ing stock, 1Sc. Poultry-Fowls, 1G@23c :;
springs, 10c cocks, 11@12c; stays, 13c !;
young hen turkeys, s lbs. and up, 3Sc;
young tom turkeys, u lbs. and up, 3Sc !;
old tom turkeys, 3O@33c; Gull thin tur
keys not wanted; ducks, lbs. and up,
lie; due ), lbs and up, 18c; geese. 10
lbs. ami up, Ice; rabbits, drawn, per
dozen, 50; squads, II lbs. to Dozen So
young guineas, 2-lb. size, per dozen, 81
as; old guineas, per dozen, IS.
Butterfat-Local dealers are paying
42c per pound for all butterfat delivered
in Indianapolis.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
cI-EvEI.ANn pRnnrcE

CLEVELAND. Dee. 19.-Butter-Extra
in tubs, 491a650c; Nints, 5O5M51c; ex-
ira firsts, 49, d49c; frsts. 4715@4Se: sec
onds, 4094O12e.: packing stock. 2515@
extras, Sc; extra firsts. sic: Ohio frst,
new cases. 49c; old cases, 4Sc: western
firsts, new cases, 47c. POultry-Live,
heavy fowls, 24d2Jc: spring culls, 1663
Sweet pOtatoes-Jersey' 50 per hamper :
potatoes. S2906315 per i5O-lb bag I;
Michigans. $500; early Ohios, $500 per
120-Ib. bag.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
CHICAGO PRODUCE.

CHICAGO, Dec -Butter-Receipts,
$500 tubs: creamery extras, 49, firsts,
34@41c; packing stock, 23@2Jc. Eggs
Receipts. 2.6GO cases current receipts,
44645c: ordinary firsts, 41@43c firsts,
47@4Sc; checks. 30@32c; dirties, 2S@3Oc.
Cheese-Twin new, 19hc: daisies 191hM
20c: young Americas. 20hc; longhorns,
20Ac; bricks, 17@1Se live poultry
Turkeys. 3Sc; chickens, 19c; springs.
211@c; ROSTERS. 151ae; geese, zoe; ducks,
ern whites s1.60a1.s6 per lob. bag.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
STOCK MARKET
CLOSE is STEADY
Leading Issues Rally From
Low Levels in Final Hour.

NEW YORK, Dec. 19.-The stock mar
ket closed steady today.
Many leading issues rose about 1 point
from the early low levels.
The low-priced oil shares came into de-
mand in the last few minutes, California
Petroleum advancing over points to
99A, while Texas Gulf Sulphur rose
nearly points to 1868.
Baldwin Locomotive recovered about 1
point to 9634.
Lima Locomotive continued in supply,
falling to 93%, loss of over 4 points.
Steel common was little changed at 81.
The railroad shares turned irregular,
Reading receding from 74A to 1875.
Government bonds were irregular and
railway and other bonds steady.
Total sales stocks were rs, 100 shares !;
bonds, SIS, 49,, 900.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
NEW YORK METAL MARKET.

NEW YORK, Dec. 19.-Copper-St Steady,
spot to January offered, lie. Lead
Dull: spot and December offered. 4Mc;
January offered. 4.S0c. Spelter-Steady
spot and December offered, 4.90c; Jan
uarY offered. 4.Q5c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
NEW YORK COFFEE-

were irregniaT in net trade on the marE ef
here today, opening options being +
points lower TO 3 points higher. Rio
No. on spot sold at 7HG72sc per
pound.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
NEW YORK CALL MONEY.

NEW YORK, Dec. 10.-Money-Ca
money ruled per cent; high, 6 per cent
low, per cent. Time rates quiet: rates
all 5MJl4 per cent. Time mercantile
papcr quiet Sterling exchange was
quiet, with business in bankers bills at
S420H for demand.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

The storm which crossed this section
Saturday Is now passing into the North
Atlantic. 1t was followed by cOnsid-
erably cooler weather, but rising tenn
perature now prevails generally through
out the Mississippi and Ohio valleys.
Zero weather prevails over the extreme
northern plains region and western
Canada, with readings In the latter sec
ton from 20 to 80 degrees below zero.
A rainstorm has Overspread the Pacific
coast and SHOWS are reported from the
northern Rocky Mountain section.
j. II. ARLINGTON,
Meteorological, Weather Bureau.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
kEnIsCnTNr RATE

ATLANTA, Ca. Dec 19-The Federal
Reserve Bank of Atlanta today an
nounced a cut in It's rediscount rate to
per cent from 5la per cent. General
improvement in the financial condition
of the South was given as the cause.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

NEW YORK, Dec. 19.-Wool values
were unchanged in trade on the mark IT
here today. Domestic fleece, XX Ohio,
sold at 23@3Sc per pound; domestic
pulled. secured basis, at 1S@G7c and
Texas domestic secured basis. at 400l4Ic.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
NEW YORK PETROLETJNT

NEW YORK, Dec. 19-Petroleum
prices were generally weak in trade on
the market here today. Pennsylvania
crude, however, sold at 81 per barrel.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
TWENTY STOCKS AVERAGE.

NEW YORK. Dec. 19.-Twenty indus
trial stocks last Saturday averaged sOoI,
off SO per cent. Twenty active rails
averaged 74S3, up As per cent.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

HAY MARKET.

The following are the Indianapolis
prices for hay by the wagon load, de-
livered:
Hay-Loose timothy, $16Q1I; mixed
hay, $15@16: baled hay, $16@17.
Oats-Bushel, new, per bushel, 32@Sjc.
Corn-Old, per bushel. 55160c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
INDIANAPOLIS CASH GRAIN.
Dec. 10


Bids for car lots Of grain and hay at
the call of the indianapolis Board of
Trade were:
Wheat-Firm No. . red, 81 .22@t.25.
Corn-Firm No. white, 50@50l2c;
No white 4712m4Sc; No. white, 45l2
GB47c; No. yellow, 50@5015c; No. 3 yell
low, 47H@4Sc: No 4 yellow, 46@47lac;
No. . mixed, 49649hc; No. mixed, 40
471ac; No. mixed, 451aM46l3c.
Oats-Strong; No. 2 white, 361a@37c;
No white, 351z M36c.
Hay-Steady; No. timothy. Sf75O@1S
No. 2 timothy, $17M1750; No. light
clover mixed, $16.5OA17; No. clover, $40
@20
inspections
Wheat-No 2 red, 1 car; No. 3 red,
cars No. red, car; No. 2 hard, car;
sample. 1 car; total, 6 cars.
Corn-No. white, > cars; No white,
II cars No 4 white, Is cars; No. white,
. cars; No. white, l car sample white,
l car: No. . yellow, cars; No 3 vel
low. 10 cars; No. yellow, "a cars; NO.
yellow. 81 cars; No 6 yellow, cars; No.
3 mixed. 8 cars: No. 4 mixed, Z cars; No.
3 mixed, cars; No. 6 mixed, L car;
ear. 2 cars; total, 127 cars.
Oats-No. 3 white, 10 cars; No. white,
6 cars; total, % cars.
Hay-No timothy, 2 cars; No. clo-
veE mixed, car; total. cars.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
WAGON WHEAT PRrCEs

Indianapolis -four mills and elevators
today are paying $1.12 for No. / red win
ter wheat; $1.10 for No. red winter
wheat and according to test for No. 3
Oats are quoted at 25c for No. 3 white or
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
CHICAGO STOCKS.
(By Thomson & McKinnon)
nor 10
NEW YORK SUGARS.

NEW YORK, Dec. 19.-Trade in raw
sugars was rather quiet here today and
prices were lower. Cubas sold at soc
per pound, duty paid, while Porto Ricos
were quoted at 3.67c per pound. deiiv
cred. Refined sugars Were steady, fine
graduated and No. 1 soft being quoted
at 5.10c per pound.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

NEW YORK. Dec. 19.-Hides were firm
in trade on the market here today. Ma
tive steer hides sold at 15%c and branded
steer hides at 151ac per pound.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
CHICAGO CASH GRAIN.

CHICAGO, Dec. 10-Wheat-No Dur
ham, 9Sc; No. . mixed. $10S13; No. .
mixed, 47l4 @47Ac; No. white, 47l2M
4Sc; No. yellow, 47AM4Siac; No. 3
mixed and No. 3 yellow, 4t% q l512c; No.
3 white. 4fl9@4J14c; No 3 mixed, 43t2m
44l4c; No. 4 white. 45M044Hc. Oats
33A G3514c; No. 4 white, 323l G341Gc.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
WHOLESALE BEEF PRICES.

The following are today's wholesale
prices for beef cuts as sold on the In
dianapolis markets of Swift & Co.; Ribs
No. ?, pc: No. 3, 1Sc. Loins-No. p
CSC No. 3, pc. Rouad-No. 2. 15c; No
3, 1219c. chucks-No. 2, Toe; No. 3, o.
Plates-No. 2. DC; No. 3. Sc. -
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
CIEARING HOUSE STATEMENT.

NEW YORK, Dec. 19.-Exchanges,
S423 800 600; balances, S6S, 100000; Fed
eral Reserve Bank credit balances, $GG,
100000.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
NEW YORK RICE.

- wv YORK, Dec 19.-Rice prices
were firm on the market here today, do
nestle, selling at 3A@7Ac per pound.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
Money and Exchange
indianapolis bark clearings Monday
were 50, 1S4 600

NEW YORK, Dec. 19--Sharp advances
were made at the opening of the foreign
exchange market today. Demand Ster-
ling rose 4Ilc TO $4.22. Francs We're 1j1.
confines higher at S.11c for cables AMI
S.1Oc for checks. Lire cables were 40, :;
checks, 4JSc. Belgian cables We're 7.19c :;
checks, Use. Marks rose AZ points to
.OO55. Guilder cables were $685.; checks,
36. soc. Sweden krOnen cables were 2fJ2c /;
checks 24S7c.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
BANK STOCKS.

NEW YORK TURPENTINE.
| NEW YORK, Dec. 19.-Turpentine sold
at SIC per gallon on the market here to-
days t.---A---...lIg--.l k..AE aAIxazg
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
Weather


The following tatle shows the state of
the weather at a. M, Dec 10, as OBJ
served by U. S. Weather Bureaus:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

LIVERPOOL, Dec. 19.-Spot cotton was
in good demand at the opening here to-
DAY, out business was moderate and
bales.
American middlings fair, 13.49d: good
middlings, lid; full middlings, II Bad:
good ordinary, S.24d; ordinary, 7.49d.
Futures opened steady
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
CLIQUE AM MEAL

FLOUR AND MEAL,
E-Z-Bake bakers flour In 9S-lb. cotton
bags, $50. Corn meal IN 160-lb. cokon
bags, Ao5. IA
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19

Cotton Review
NEW YORK, Dec. 19.-During the early
aiding N the cotton market today we
ID a moderate setback, but the reac-
On merely served to bring in renewed
lying orders and values quickly ad-
need to the highest prices since the last
ireau report.
The source of strength seems to be a
Tort interest of considerable size in
ie January option, and though it has
cen claimed that a large portion of
is short interest has been covered. the
larket gave no indication of this in its
ction. Aside from this technical propo-
itlOn, we can see nothing in the relation
etween supply and demand TO give us
ny uni sual advance at this time
The spot demand is said to be better,
but it is doubtful if this demand will
continue at rising prices.
We ore inclined to think tahat with
the adjustment If the January short in
terest. the main source of strength will
have been removed and we will then ex-
perience an increase of Southern offer
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-19
MOTOR SECURITIES.
(By Thomson & McKinnon)
ACTIVE OIL STOCKS.
Dec. 10

(By Thomson 81 McKinnon0
Dec. 10
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-01-27

les que cada navfo puede dispa-
.rar al mismo tempo sobre un
objeto 1nico".
Finamente lie Temps, des-
pu6s de comparar ell poder naval
de los Estados Unidos e Ingla.
terra y anotar los progresses y
actividades de la primera naci6n,
concluye con este parrafo con-
creto:
"En suma 81 Inglaterra no to-
ma las medidas del case para
asegurar su supremacfa naval, la
.hegemonia inglesa sera reempla-
zada por la hegemonfa norteame-
ricana".
El Imparcial. (San Juan, P.R.) 1918-197?, 1921-01-27
FL pugilato de Inglaterrs
Y los Estados Unidos
por la hegemonia...

HOjeandO una reciente edici0n
lie lie Temps. de Paris, leemOs
Os siguientes parrafOs:
:'Muchas veces han declarado
os EstadOs CnidOs en- estOs Ill
imos tiempos que su marina, en-
afo de 1925, no debe por min
i'm motive ser inferior a ia in
ylesa.
Ell Origen de esta declaration
e encuentra en- un escritO firma-
10 pOr el General norteamerica-
10 Board, Y sObre el cual Jose
1hus Daniels Sc expresa asi:
"Quiere ell General Board que
a flOta norteamericana sea dem
rO de cuatrO aiiOs la mas pode-
osa del mundO. Para llegar. a
ste fin, Sc la ira aumentandO Y
,erfeccionado prOgresivamente,
le acuerdO con los recursos del
,ais. .Pero en- todo case es Ell
no de 1925 ell plazo maximo pa
l que tai deseo Sc haya CONVEX
lido en- Obra."
La 1nica flOta superior hoy dia
! la nOrteamericana es la fOta
nglesa; su supremacia es eviden-
e; su poder avssalladOr.
:Estara amenazado ese poder :?
Estara amenazada esa suprema-
ia? Ira el cetro de Neptune a
ambiar de duehO?
Estas perguntas son EN- extre-
no interesantes. POr 10 cual es
lecesario que ensayemos repon-
lerlas.
Es mny diffcil comparar dos flo
as y establecer la superioridad
lie la una sobre la otra. Cada
mo de los elementos que compo-
nen una fiota tiene su important
ia peculiar. Como determinar
i valor de unos y otros elemen-
os?
En- I'm memorandum publicado
n 1913 pOr ell Almirantazgo bril-
anico, Sc hallan estas palabras: !:
para todO poder naval La
mica meta debe ser siempre la
destruction de la fiota enemiga.
'oco importa ell lugar en- que Sc
ibre la gran batalla. Lo impor-