Letters from Fisher on subjects including: his decision to resign and his view that Winston Churchill [First Lord of the Admiralty] had always been thinking of the military side rather than that of the Navy; Fisher's determination to serve only with McKenna or with Andrew Bonar Law as First Lord; the appeal written by Rear-Admiral Sir John Jellicoe [Commander-in-Chief, Grand Fleet] against Admiral of the Fleet Sir Arthur Wilson becoming 1st Sea Lord; Admiral Lord Charles Beresford being made a peer; Fisher's view that he had been out-manoeuvered with Churchill remaining in the Cabinet; Fisher's hope to return to the Admiralty as Arthur Balfour's 1st Sea Lord; Churchill's resentment at not being consulted when Fisher was made [Chairman of the board of invention and research].

Also includes a letter from Fisher to Churchill stating that he had been opposed to the Dardanelles Operation from the beginning and announcing his decision to resign.