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BATTLE OF THE FALKLANDS 1914 - Admiral of the Fleet Lord Fisher's fascinating summary of the results if German Admiral von Spee's fleet had escaped destruction (Fisher sent down the two battlecruisers that caught von Spee);1. We should have had no munitions - our nitrate came from Chili. 2. We should have lost the Pacific - the Falkland Islands would have been another Heligoland and a submarine base. 3. Von Spee had German reservists, picked up on the Pacific Coast, on board, to man the fortifications to be erected on the Falkland Islands. 4. He would have proceeded to the Cape of Good Hope and massacred our Squadron there, as he had massacred Cradock and his Squadron. 5. General Botha and his vast fleet of transports proceeding to the conquest of German South-West Africa would have been destroyed. 6. Africa under Hertzog would have become German. 7. Von Spee, distributing his Squadron on every Ocean, would have exterminated British Trade.