Citation of Material
The authors stand indebted to Robert K. Massie for much of the data listed in the arms race section. The figures cited are principally from his discussion of the Naval Estimates and the stillborn "Naval Holiday" in Ch. 43 of Dreadnought: Britain, Germany, and the Coming of the Great War (New York: Ballantine, 1982). The reader will find the full array of numbers and discussion on pages 832ff of the paperback Ballantine edition.
A detailed breakdown of naval expenditures during the pre-WWI arms race is presented in our German and British Cost of the Arms Race pages (see links below). Sources for the financial data presented in this suite of pages include Brassey's Annual, 1882-1920; Jane's Fighting Ships, 1906 and 1914 eds.; Web article by Barry Slemmings (Warspite), How Much Did a Warship Cost?; and statistics quoted in worldwar1.co.uk .
The German battle fleet steams out to meet the British at Jutland.
