The Kaiser's Letter to Lord Tweedmouth

Frank McMillan: Kaiser Wilhelm and Chancellor Bulao decided to continue the naval race. They got themselves into a sort of a self-fulfilling loop, he says. The first choice is going to mean a ton of money,. These ships cost twice as much. You're going to have to widen the Kiel Canal. Plus you have the army wanting more money. Well, we know what terpets and the Kaiser decided."