What underpinned this was the blockade, which gave the allies the power of coercion. Moreover, the entry of the most powerful remaining neutral to the war removed any final constraint on the enforcement of blockade. America showed few of the reservations in dealing with the neutrals bordering on Germany displayed by Britain. Holtzendorff had hoped that the submarine would scare neutral shipping away; in reality, it had the effect of cutting the flow of imports to Germany’s border neutrals and so reduced the quantities available for onward transhipment. Shipping losses, as much as shortage of
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