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We're overcapitalized right now to the limit; we've watered the stock until it would float a fleet of battle-ships and we're dangerously near the line " "Well, what can I do?" Wiley ran his hands through his hair. "I've banked everything on this Lost Souls venture, and God knows I've gone the limit to put it through!" "Have you?" Chase turned at the window.

An interesting feature of the bill was the stipulation that one of the battle-ships shall bear the historic name "Kearsarge," after the famous old man-of-war that was wrecked in 1894 on Roncador Reef. According to the plans of the new ships, they resemble in a general way the "Indiana," although they are longer and broader and have a greater displacement, and their batteries are more powerful.

It is true that vessels of size and power enough to hold their own against the battle-ships of other nations had been under construction for several years, but the United States was still without an available man-of-war of the first class until the "Indiana" and the "Oregon" joined the fleet. Considerable progress in naval affairs marked the year 1895.

There are a lot of new people in here, the country is becoming civilized; and the more civilized men grow the more police and battle-ships and regiments of soldiers they need to keep things happy and peaceful between them, and to prevent their equally civilized and cultured neighbors from stepping in from across the seas and booting them out of their comfortable homes.

The Spanish vessels, as they dashed out of the harbour, were covered with the smoke from their own guns, but this speedily diminished in volume, and soon almost disappeared. “The fire from the rapid-fire batteries of the battle-ships appears to have been remarkably destructive. An examination of the stranded vessels shows that the Almirante Oquendo especially had suffered terribly from this fire.

It was curious that although Lord Bridport’s fleet was constantly patrolling the Channel during this time, the two fleets never came in contact. On the 19th of January, 1797, Lord Bridport detached Rear-admiral Parker with five battle-shipsamong them the Jasonand one frigate, to Gibraltar, and on the 6th of February they joined Admiral Sir John Jervis off Cape St. Vincent.

A few weeks later, the harbour of Cadiz showed the same scene of animation which it had presented for many months past. The huge battle-ships, with their high prows and castellated turrets, rose majestically out of the water, while among them little boats and sloops flitted in and out, carrying arms and provisions for the great galleons.

It was an American cruiser that rescued this war correspondent from the bondage of Japan. It will require all the battle-ships in the Japanese navy to force him back to it. I am going to try to describe some kits and outfits I have seen used in different parts of the world by travellers and explorers, and in different campaigns by army officers and war correspondents.

Following the example of two of his predecessors, the Secretary of State of the United States was about to make a grand tour of Central America. He came on a mission of peace and brotherly love, to foster confidence and good-will, and it was secretly hoped that, in the wake of his escort of battle-ships, trade would follow fast.

While field telegraphs and telephones had served the armies, the navies were still dependent upon primitive signals, since a wire cannot be strung from ship to ship nor from ship to shore. So the British battle-ships were equipped with wireless apparatus and a thorough test was made.