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Show KAISER'S SHIPS ON THEPACEFIC San Francisco, Nov. 4 Tho brilliant brilli-ant victory of the German squadron over the British off the coast of Chile places a new aspect on the naval situation in tho Pacific For the present, at least, it definitely defin-itely shifts command of Southern waters wa-ters to the Germans, and, until there has been a readjustment of forces will make itself felt In the movement of all cargoes between the Pacific coast and Europe. Which way tho Germans will eleel to turn nuit is purest speculation, but the) ore free to move northward toward to-ward the mouth of the Panama canal or to continue southward toward the passage through the Straits of Magellan Magel-lan and the route around the Horn At the same time tho trad. Ian, ,. between San Francisco, Puget Sound and the Orient, already heavily policed po-liced by Japanese and British, are now cleared of menace, and the allied patrols can move against tho enoray with a deflnlto object i v. The engagement accounts for all German warships at large In the Pacific Pa-cific and east of Suoz, except tho Em-den, Em-den, whose repeated raids on British commerce In the Indian ocean have been, bq costly. . |