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• .' ' 4. It may be considered undesirable for the sake of the few vessels in question, to give Germany the moral advantage that such an arrangement would iriiply, and to lose the moral effect of saying that we Can look after Switzerland without Germany^ ,' 5. The actual execution of the arrangement would probably lead to considerable difficulties. At each stage the Allies , would have to make stipulations as to the flag under which the vessels sail, their crews, btmkering, and supervision of t...he vessels in allied and neutral ports. At each stage Germany would represent to Switzer- land that the allied objections were interfering with Germany's desire to assist Switzerland. 6. It would- be a privilege to Germany .to get her vessels repaired with neutral money, and doubtless with lallied assistance, and to get allied consent to allow them to sail openly at sea. 7. The arrangement would give Germany money to improve her exchange certainly in Switzerland, and possibly also in Spain, which would be used to the serious disadvantage of the Allies.
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