Several vessels have been in course of construction for Brazil and Chile, and now that they are almost completed, it is said that the Spanish Government, by agreeing to pay immense sums, is attempting to secure them. It does not seem likely that Chile would give up a battle-ship just now, as the relations between that country and the Argentine Republic are very strained. There is no doubt, however, but that Spain is increasing the efficiency of her navy, which is beginning to assume very formidable proportions.
The United States is also busy putting the older ships in good order, and rushing the work on those being constructed. The Government, it is reported, has the details of construction of many boats now building on the other side. One report was that the United States had an option on every ship being built in Europe, except, of course, vessels being built for Spain. This report, however, has not been confirmed. For the United States to have the option on a ship means that no other nation will be allowed to buy that ship unless the United States decides that she does not wish to have it herself.

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