“Then why raise the point at all?” Kolokoltsov inquired.

“Because the reason I had my reservations about Operation Raging Justice is that I believed there was rather more truth—or could be, at any rate—than Rajani did to the stories about Manticoran missile ranges. I hadn’t realized how thoroughly they appear to have transitioned to pod-launched missiles, or that they’d incorporated an FTL component into their fire control, but I did think evidence suggested they truly had significantly increased their missiles’ effective range. Under the circumstances, I would have preferred to test the waters a little before we committed a wall of battle to action. Better to have lost a few battlecruisers here or there than to have three or four hundred SDs blown out of space.”

“I see.” Kolokoltsov wondered how much of that was true and how much spin. On the other hand, Kingsford had been around long enough to know how the game was played. He wouldn’t have said what he’d just said if there hadn’t been a paper trail of memos somewhere which could at least be interpreted to support the analysis he’d just delivered.

“Should I assume, then, Fleet Admiral, that you’d be opposed to any additional fleet actions at this time?”

“Mr. Permanent Senior Undersecretary,” Kingsford said flatly, “any ‘additional fleet actions’ could only be one-sided massacres. Even assuming what Harrington said to Filareta in the recordings they’ve sent us represents a full statement of their capabilities, without holding any nasty tactical surprises in reserve, we simply can’t match them at this time. There probably hasn’t been this great an imbalance in combat power since the introduction of the machine-gun put an end to massed infantry assaults.”

Kolokoltsov’s eyes widened, despite himself, at the frankness of that response. It was refreshingly—and utterly—different from anything Rajampet had ever said.

“It’s really that bad?” he asked, curious to see how far are Kingsford would go.

“It’s probably worse than that, frankly, especially with Haven added to the equation,” the acting CNO said unflinchingly. “For all intents and purposes, the Reserve has just become several billion tons of scrap material. The superdreadnoughts we have mothballed are the wrong ships for this war, and I don’t see any way the existing hulls could be refitted to turn them into effective combatants.”

Well, that’s a kick in the head, Kolokoltsov thought dourly. On the other hand, if Omosupe and Agatá are right, we won’t have the cash to reactivate the Reserve, anyway. Of course, that leaves the little problem of where we’re going to find the cash to build new wallers if we can’t even demothball the ones we’ve already got!

“Are you saying we should just go ahead and surrender?” he asked, deliberately putting an edge into his voice, and Kingsford shook his head.