You have to realize that these years in which we are living, the years into which we are entering, are going to be, as no years before have been, the real testing-time of democracy...We in this country may make a fearful mess of it; and if we make a mess of it, we shall get something much worse—we shall get a tyranny of some kind or other. I don't know what form of tyranny it may be. It may be the communist tyranny; it may be tyranny from the other end. But if you cannot evolve a sound and sane democracy, that will be the fate of the country.

We none of us know what is going on in that strange man's mind. We all know the German desire as he has come out with in his book [Mein Kampf] to move East, and if he moves East, I shall not break my heart, but that is another thing. I do not believe he wants to move West, because West would be a very difficult programme for him … If there is any fighting in Europe to be done, I should like to see the Bolsheviks and Nazis doing it.

We know ourselves what difficult times we live in. We know equally, and we are conscious of the fact, that with us—all of us at home and overseas—there rests the responsibility whether this form of government will remain, or whether it will fail. It is therefore good that we who meet from all corners of the world to take counsel with one another, should, at any rate among ourselves, hold this torch of freedom alight, and alive, until other nations come to see our ways.

Our people are not going to throw over Parliament to set up divine right either of the capitalist or of the trade unionist, and we are not going to bow down to a dictatorship of either...I want to see our British Labour movement free from alien and foreign heresy. I want to see it pursued and developed on English lines, led by English men.

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The conception of freedom in our country was one so precious, so hallowed, it has been obtained as the result of such age-long struggles, that I felt convinced that in no other country, whatever advantages in other respects they may have over us—in no other country was freedom treasured and regarded as it was in this country, and in its attainment there was no country in the world that had anything which in all circumstances it could teach us.

The time was, when I was a boy, when people hardly dreamed that the day would come when there would be large numbers of Members in this House who could not afford to perform their duties here unless they had an allowance; but I think, looking at the whole Continent of Europe, that, the more the basis of our liberty and our Constitution is broadened, the better for our country. Would anyone who remembers the old days here go back to them and give up what we have gained? This Chamber, the most famous Chamber in democratic government in the world, is now open to all, and, once you admit that everybody has a right to be elected to this House if he can, you cannot logically create or leave a financial bar.

The time has come for us to look after ourselves, and as the foreigner protects himself, so we must put the interests of our own people first. We will ask the country also to enter into trade agreements with our own dominions, under which we will ask them to buy our own manufactured goods, we taking in exchange foodstuffs and raw materials. ... We will ask the electorate to give us powers to stimulate wheat-growing.

We cannot without damage to our soul's health destroy the roots which bind us to the land and language of our birth. The love of country is a deep and universal instinct, freighted with ancient memories and subtle associations. Men who deny their national spiritual heritage in exchange for a vague and watery cosmopolitanism become less than men; they starve and dwarf their personalities; they turn into a sort of political eunuch.

I want, if I may, to address a few words to the Opposition [Labour Party]...Whatever may be said of this Parliament in years to come and whatever may be said of the right hon. Gentleman's party, I believe that full tribute will be given to him and to his friends. As I and those on these benches who take part in the daily work of the House so well know, the Labour party as a whole have helped to keep the flag of Parliamentary government flying in the world through the difficult periods through which we have passed. They were nearly wiped out at the polls. Coming back with 50 Members, with hardly a man among them with experience of government, many would have thrown their hands in. But from the first day the right hon. Gentleman led his party in this House, they have taken their part as His Majesty's Opposition—and none but those who have been through the mill in opposition know what the day-to-day work is—with no Civil Service behind them, they have equipped themselves for debate after debate and held their own and put their case. I want to say that partly because I think it is due, and partly because I know that they, as I do, stand in their heart of hearts for our Constitution and for our free Parliament, and that has been preserved in the world against all difficulties and against all dangers.

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The fruits of the free spirit of man do not grow in the garden of tyranny...As long as we have the wisdom to keep the sovereign authority of this country as the sanctuary of liberty, the sacred temple consecrated to our common faith, men will turn their faces towards us and draw their breath more freely. The association of the peoples of the Empire is rooted, and their fellowship is rooted, in this doctrine of the essential dignity of the individual human soul. That is the English secret.

There can be no such thing in the long run as the prosperity of an isolated nation...until the trade of the world once more begins to move from one country to another and goods can be exchanged and paid for—until that happens there is no permanency to the security we have gained. Does not that bring us back to this, that while we all know that we have got to go on, and go on quickly, with this matter of armaments, there is driven into us once more the mad folly of Europe to-day in the expenditure she is making on armaments at the sacrifice of her international trade? We have to do what we can in our conversations with foreign countries to show the folly of this, which, if protracted too long, may bring ruin to us all. Therefore we have still to hold on to the faith that sooner or later it may be possible once again to discuss the reduction of armaments. If and when that time comes we must all of us throw our weight into the effort. This massing of huge armaments on the Continent, even the work that we are doing—the money would be far better used for the progress of the world.

With Russia and America out of the League sanctions are a mistake. I've always thought so. You can't enforce them against a first-class power. The very people like Bob Cecil who have made us disarm, and quite right too, are now urging us forward to take action. But where will action lead us to? If we withdraw Ambassadors that's only the first step. What's the next? and the next? If you have economic boycott you'll have war declared by Japan and she will seize Singapore and Hongkong and we can't, as we are placed, stop her. You'll get nothing out of Washington but words, big words, but only words.

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The real need of the day is … moral and spiritual rearmament … God's Living Spirit can transcend conflicting political systems, can reconcile order and freedom, can rekindle true patriotism, can unite all citizens in the service of the nation, and all nations in the service of mankind.