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Show :r:G tliov tan ie built. in the j toi'.ts 11 f a few months, they will not he tiuieh of a menace to allied shipping. It 's quite pos?i)ie ol: coast may be rai.'ed from time to t'ine, but now that we have been warned, we do not ex-pe-.-t to lose ii,a:iy vessels by shelling or tor-iei'oes. It is not even certain that the submarine o submarines working off the Virginia coast will ever reaeh their base, and it is equally certain that it is going to be cxeeeuiugly difficult diffi-cult for any mora of them to operate in American waters. We do not know v. hether any of the merchantmen sent down can be salvaged, but we suppose the navy department will try. SHIPS SALVAGED. Not all of the British ships sunk by the German submarines have proved a total loss, for, according to an admiralty report, 407 of these vessels, sunk in the home waters, have been salvaged, which will result in a great saving to the British Brit-ish government. Hundreds of millions of dollars' worth of shipc and cargoes have been destroyed during the ruthless ruth-less campaign, however, which will prove a dead loss. Only a trifling number num-ber of American vessels have been sent down, and our losses are very small when compaied with those of the British. Brit-ish. Aside from the little spurt on our side of the Atlantic, the U-boats have not been doing much of late, although al-though they continue to bag a ship here and there every few days. According to both American 8nd British statements state-ments on the subject, the German submarines sub-marines ari- now being destroyed faster |