This final chapter considers the place of this book and its research finding in the current historiography of the Anglo-German naval race. It concludes, contrary to current revisionist interpretations, that Germany emerged as a major factor in British naval planning after 1901. However, this was not, as orthodox historians would maintain, because of the growth of the German battle fleet, but because of fears that parts of the German merchant navy would be used in wartime to attack British trade. It ends by considering why this has not been understood before. In this context it puts forward the suggestion of Admiral Slade that people have been hypnotized by the big ship question, thereby ignoring the less glamorous question of trade defence.
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