The
correspondent of the newspaper The Times at St. Petersburg reported
after have spoken with several naval authorities that the intended
modernisation of the Russian navy was to be executed. The Doema allowed a
budget of 150,000,000 rubles for starting immediately with building ships for
the Black Sea and a similar budget for the Baltic. This shipbuilding program
consisted of 4 dreadnoughts and 6 submarines for the Black Sea and another 4
dreadnoughts for the Baltic. The four dreadnoughts which were launched in
coming July were not included in this program. The minister of navy was to hand
over within short time a complete program to realize within a period of more as
20 years. In stead of Libau was Reval to become a naval base.