If I were to be asked what two of the root principles are which we should always keep in view in trying to decide on a political issue, in judging of legislation, in judging of political action, I think I should say common sense and the preservation of what always has been the most precious thing in this country—individual freedom. If you apply these tests, you will seldom go far wrong. There are many people to-day who think you can cure the ills of the world by legislation: but you must examine the legislation they propose to see whether it is adapted to the practical experience of daily life, whether the freedom of the individual is affected by it. And if you cannot be satisfied on those points, you may be quite sure that that legislation in the long run will do more harm than it will do good.

We...have enfranchised the whole adult and labouring population of these islands, saints and sinners alike, and are attempting the immense double enterprise not only of making each citizen count as one and an end in himself, but also of asking him to share effectively and intelligently in the responsibilities of municipal citizenship and imperial government...Democracy is still an aspiration and not a fact...What we have achieved is a democratic framework of government, which is not the same thing as a democratic society. We have perfected the machinery of popular government, and one immediate danger is that it may be seized and exploited in undemocratic ways for democratic ends. In the name of the sovereign people deeds may be done as cruel as those done by any Greek tyrant or mediaeval despot. It is terribly easy for those in power to confuse justice with the interest of the strong; but oppression of the few by the many is just as ugly as its opposite.

Two years before the war the then Government of Lord Oxford was confronted with an epidemic of strikes. The quarrel of one trade became the quarrel of all. This was the sympathetic strike...In the hands of one set of leaders, it perhaps meant no more than obtaining influence to put pressure on employers to better the conditions of the men. But in the hands of others it became an engine to wage what was beginning to be called class warfare, and the general strike which first began to be talked about was to be the supreme instrument by which the whole community could be either starved or terrified into submission to the will of its promoters. There was a double attitude at work in the same movement: the old constitutional attitude...of negotiations, keeping promises made collectively, employing strikes where negotiations failed; and on the other hand the attempt to transform the whole of this great trade union organization into a machine for destroying the system of private enterprise, of substituting for it a system of universal State employment...What was to happen afterwards was never very clear. The only thing clear was the first necessity to smash up the existing system. This was a profound breach with the past, and in its origin it was from a foreign source, and, like all those foreign revolutionary instances, it has been very largely secretive and subterranean. This attitude towards agreements and contracts has been a departure from the British tradition of open and straight dealing. The propaganda is a propaganda of hatred and envy.

Now this country of ours has a record of which we may well be proud. When we signed the various treaties pledging ourselves to tackle that question of disarmament in sincerity, in earnest, and in honour, we justified and backed our signature, and we have done all that one country by itself can do. We have reduced all our armaments. We occupy the fifth place in the world to-day in the strength of our Air Force. We have cut our Army to the bone, and we have engaged in treaties for the limitation of our Navy, and nothing more can be done by way of unilateral disarmament.

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True to our traditions, we have avoided all extremes. We have steered clear of fascism, communism, dictatorship, and we have shown the world that democratic government, constitutional methods and ordered liberty are not inconsistent with progress and prosperity.

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I think the English people are at heart and in practice the kindest people in the world...there is in England a profound sympathy for the under-dog. There is a brotherly and a neighbourly feeling which we see to a remarkable extent through all classes. There is a way of facing misfortunes with a cheerful face. It was shown to a marvellous degree in the war.

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.

One of these days I'll make a few casual remarks about Winston [Churchill]. Not a speech—no oratory—just a few words in passing. I've got it all ready. I am going to say that when Winston was born lots of fairies swooped down on his cradle gifts—imagination, eloquence, industry, ability, and then came a fairy who said "No one person has a right to so many gifts", picked him up and gave him such a shake and twist that with all these gifts he was denied judgment and wisdom. And that is why while we delight to listen to him in this House, we do not take his advice.

It is no ready made article; it has grown through the centuries as native to our country and people as the oak, ash, or thorn. It has given her people freedom and taught them the difference between freedom and licence. That is the Constitution that is threatened to-day, not quite openly yet, by the Socialist Party in their conference, tendenciously by sketching a course of action which if it takes place means the destruction of the Constitution. You may dispute that as much as you like, but in effect taking away the executive power of the House of Commons is the way every tyranny starts. It is proletarian Hitlerism and nothing else, and it can be nothing else. I want you to realize it in time.

I want a truce of God in this country, that we may compose our differences, that we may join all our strengths together to see if we cannot pull the country into a better and happier condition. It is little that a Government can do; these reforms, these revolutions must come from the people themselves. The organisations of employers and men, if they take their coats off to it, are far more able to work out the solutions of their troubles than the politicians...So let those who represent labour and capital get down to it, and seek and pursue peace through every alley and every corner of this country...And if I have a message to-night for you and the people of this country, it is just this. I would say: "England! Steady! Look where you are going! Human hands were given us to clasp, and not to be raised against one another in fratricidal strife."

...that chauvinistic spirit which so often has been the curse of modern Europe. The best way in which you can develop a true national feeling and put your own country in the pride of place which belongs to her is to do it in communion with other nations and with the sole object of improving the world at large. It is not from disillusionment we have suffered since the War; we are taking a more sober view both of ourselves and of the world...Nationalism can take on some very ugly shapes. It looks as if as many crimes will be committed in its name as in the name of Religion or of Liberty. Indeed the source of the trouble is that Nationalists are apt to assume the garments of Religion...Love of one's country has been perverted into hatred of our neighbour's country by the preaching of lop-sided intellectuals, who themselves generally manage to escape the martyrdom they provide for others.