Assuming the German submarines could sink one British vessel of over 100 tone every day, it would take them 28 years to destroy the existing merchant fleets, irrespective of new. vessels under construction.
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https://paperspast.natlib.govt.nz/newspapers/DOM19150729.2.77
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Dominion, Volume 8, Issue 2526, 29 July 1915, Page 7
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33Untitled Dominion, Volume 8, Issue 2526, 29 July 1915, Page 7
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