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Beatty had lost control of the battle and he judged that the opportunity of an overwhelming victory had been lost and the Admiralty—erroneously believing that Derfflinger had been badly damaged—later reached the same conclusion. Jutland later showed that the British battlecruisers were still vulnerable to ammunition fires and magazine explosions, if hit by plunging fire. Had Moore's three fast battlecruisers pursued Hipper's remaining three (leaving the slower Indomitable behind as Beatty intended), the British might have been at a disadvantage and been defeated. Blücher demonstrated the ability of the German ships to absorb great punishment; all of Hipper's remaining ships were larger, faster, newer, more heavily armed, and far better armoured than Blücher; only Seydlitz had suffered serious damage. Apart from the sinking of Blücher, the Germans out-hit the British by over three to one, with 22 heavy-calibre hits—16 on Lion and six on Tiger—against seven British hits.
The battle, although inconclusive, boosted British morale. The Germans learned lessons and the British did not. Rear-Admiral Moore was quietly replaced and sent to the Canary Islands and Captain Henry Pelly of the Tiger was blamed for not taking over when Lion was damaged. Beatty's flag lieutenant Ralph Seymour—responsible for hoisting Beatty's two commands on one flag hoist, allowing them to be read as one—remained. The use of wireless allowed centralised control of ships from the Admiralty, which cramped the initiative of the men on the spot. Signals between ships continued to be by flag but there was no revision of the signal book or the assumptions of its authors. Signalling on board Lion was again poor in the first hours of Jutland, with serious consequences for the British. The battlecruisers failed to improve fire distribution and similar targeting errors were made at Jutland.In 1929, Julian Corbett, the naval official historian, recorded 792 men killed and 45 wounded out of the 1,026 crew on Blücher, 189 of the men being rescued by the British. Seydlitz lost 159 men killed and 33 wounded and Kolberg lost three men killed and two wounded. In 1965, Marder wrote that over 1,000 German sailors had been killed or captured, for British casualties of fewer than 50 men killed or wounded. In 2003, Massie wrote that German casualties were an estimated 951 men killed and 78 wounded, most in Blücher; 153 men were killed and 33 were wounded in the fire in the two after turrets of Seydlitz. The British rescued 189 unwounded prisoners and 45 wounded from Blücher. British casualties were 15 killed and 80 men wounded. On Lion, two men had been killed and eleven wounded, most by a shell hit in the A turret lobby. Ten men were killed on Tiger with nine men wounded and on Meteor, four men were killed and two were wounded.