"In late January 1941...formal staff conversations were held in Washington at which the British delegation pressed again the key importance (as they saw it) of Singapore, and urged that America should base there as strong a detachment of her Pacific Fleet (including battleships) as possible. An American battlefleet to Singapore! It was a solution to the imperial dilemma that would have astonished and dismayed Beatty and Amery. It marked a tacit acknowledgment that after two decades Britain's imperial bluff had at last been called by events; and that she had reached the point of bankruptcy in terms of world maritime power."