Letter from Admiral of the Fleet 1st Lord Fisher to WSC [First Lord of the Admiralty] on German submarines, stating that Grand-Admiral Alfred von Tirpitz [Head of the German Admiralty] was "digging out" with submarines which he was building ostensibly for others. Fisher comments that he played the same game himself when 1st Sea Lord and advises WSC to drop a Dreadnought and build 20 submarines in lieu. [Hand-written, with typescript copy].