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This photo was a mystery to me for some time. In the foreground is an unknown American R-1 (SS-78) class submarine, but in the center is the U-111, a captured German U-Boat. Yet the photo is labeled "'Round the world' Holland submarine." Did the R-1 class boat go around the world? USS HOLLAND was the name of the Navy's first modern submarine, but had sunk years before. But then the modern US submarine was developed by a man named Holland, so perhaps they were known for a time as "Holland submarines."
I still don't understand the caption, but I do know the U-111 was used during bond drives after World War I, during exhibition cruises along the eastern seaboard. This photo was probably taken somewhere in New England in 1919, maybe near Cape Cod. The Treaty of Versailles prohibited the US from absorbing captured U-boats into its Navy, so after a series of tests, the U-111 was finally sunk as a target during gunnery practice in 1921.
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