The atmosphere in [the last twenty] years has been, in many parts of the country, poisoned. I do not wish to say anything here about where the faults may lie. But I do want to say that I realise, as you do, that a great deal of the propaganda which has been done during the last twenty years—the propaganda of a kind that teaches class hatred—has in many places done its evil and its poisonous work...the work that has been done in that direction cannot be undone in a moment. And it will mean the utmost goodwill, the utmost force of example to bring about, to any great extent, something better and something on which we may erect a permanent and stable building.

It became evident to me long before the war was over that the effect of it, which would hit this country hardest in the years immediately succeeding, was the tragedy of the loss of the men who were just qualifying and getting ready to be the leaders of our younger men...There is nothing in the first twenty years after the war that can make good to this country the loss of so many men of that age. And that was an additional reason why we men who were middle-aged already when the war began should have banded ourselves together by the time the war ended under a vow to our better selves that we would give for the rest of our lives, as a thank-offering to the dead, nothing but the best services we could render to our country. It has become our lot not to seek the ease that we might legitimately seek, but to carry on to the end and help the next generation that is coming along—the generation that was too young to fight—help that to take its place as and when the time comes. It is, and it will be, a tremendous burden on the older men, but it is their proud contribution—the giving of the best they can to help a broken and a shattered world.

It was for that reason, feeling as I did, that I was driven into the course which I embraced in December, 1916, when I accepted Mr. Bonar Law's offer to serve as his Parliamentary Secretary. I did that deliberately, because I believed that at my time of life, having already sufficient means to be independent of the active business in which I had passed my life up to then, I had the opportunity of giving my services to the country without any feeling that it was necessary to be remunerated for them. There is nothing singular in that. There must have been millions of men who felt as I did. I have never said, or believed, that that service which I had the opportunity of rendering was one whit higher or better than any other. All service ranks the same, according to the spirit in which it is performed. One of the sources of the great strength of our country in every part of the kingdom is that there are men who have no personal ambition for themselves to get where the limelight is brightest and publicity is greatest. And as long as our country can go on producing that type, which I am thankful to say it is producing from all classes of the community—so long as that is the case, I should never despair of England.

We were not peculiarly impressed with speeches that talked of the glorious time that was coming after the war. We realised what the war meant in the world. We felt the foundations of civilisation in Europe cracking. We knew as business men that for a generation this country and the world would be as a whole far, far poorer, and we realised early the struggle that must result to repair the cracks in the foundations of our civilisation and to restore to the country that level of prosperity which she had enjoyed before the war. I think, too, many of us had little faith in supermen. I think that our experience in business had taught us that, as a matter of fact, there are no such things as supermen, and that we should have to rely on the innate common-sense, integrity, courage and faith of the common men and women of this country if we were to make good.

I think some of us found that we were getting to cling much more loosely to material wealth, and to realise that wealth was made to be a servant and not a master—that as a servant it had a most useful function to perform, that as a master it meant damnation.

We find ourselves, after these two years in power, in possession of perhaps the greatest majority our party has ever had, and with the general assent of the country. Now, how did we get there? It was not by promising to bring this Bill in; it was because, rightly or wrongly, we succeeding in creating an impression throughout the country that we stood for stable Government and for peace in the country between all classes of the community...We have our majority; we believe in the justice of this Bill which has been brought in to-day, but we are going to withdraw our hand, and we are not going to push our political advantage home at a moment like this. Suspicion which has prevented stability in Europe is the one poison that is preventing stability at home, and we offer the country to-day this: We, at any rate, are not going to fire the first shot. We stand for peace. We stand for the removal of suspicion in the country. We want to create an atmosphere, a new atmosphere in a new Parliament for a new age, in which the people can come together. We abandon what we have laid our hands to. We know we may be called cowards for doing it. We know we may be told that we have gone back on our principles. But we believe we know what at this moment the country wants, and we believe it is for us in our strength to do what no other party can do at this moment, and to say that we at any rate stand for peace...Although I know that there are those who work for different ends from most of us in this House, yet there are many in all ranks and all parties who will re-echo my prayer: "Give peace in our time, O Lord."

In this great problem which is facing the country in years to come, it may be from one side or the other that disaster may come, but surely it shows that the only progress that can be obtained in this country is by those two bodies of men—so similar in their strength and so similar in their weaknesses—learning to understand each other, and not to fight each other...we are moving forward rapidly from an old state of industry into a newer, and the question is: What is that newer going to be? No man, of course, can say what form evolution is taking. Of this, however, I am quite sure, that whatever form we may see...it has got to be a form of pretty close partnership, however that is going to be arrived at. And it will not be a partnership the terms of which will be laid down, at any rate not yet, in Acts of Parliament, or from this party or that. It has got to be a partnership of men who understand their own work, and it is little help that they can get really either from politicians or from intellectuals. There are few men fitted to judge, to settle and to arrange the problem that distracts the country to-day between employers and employed. There are few men qualified to intervene who have not themselves been right through the mill. I always want to see, at the head of these organisations on both sides, men who have been right through the mill, who themselves know exactly the points where the shoe pinches, who know exactly what can be conceded and what cannot, who can make their reasons plain; and I hope that we shall always find such men trying to steer their respective ships side by side, instead of making for head-on collisions.

...one day there came a great strike in the coalfields. It was one of the earlier strikes, and it became a national strike. We tried to carry on as long as we could, but of course it became more and more difficult to carry on, and gradually furnace after furnace was damped down; the chimneys erased to smoke, and about 1,000 men who had no interest in the dispute that was going on were thrown out of work through no fault of their own, at a time when there was no unemployment benefit. I confess that that event set me thinking very hard. It seemed to me at that time a monstrous injustice to these men, because I looked upon them as my own family, and it hit me very hard—I would not have mentioned this only it got into the Press two or three years ago—and I made an allowance to them, not a large one, but something, for six weeks to carry them along, because I felt that they were being so unfairly treated. But there was more in it really than that. There was no conscious unfair treatment, of these men by the miners. It simply was that we were gradually passing into a new state of industry, when the small firms and the small industries were being squeezed out. Business was all tending towards great amalgamations on the one side of employers and on the other side of the men...We have to see what wise statesmanship can do to steer the country through this time of evolution, until we can get to the next stage of our industrial civilisation.

I often wonder if all the people in this country realise the inevitable changes that are coming over the industrial system in England...owing to the peculiar circumstances of my own life, I have seen a great deal of this evolution taking place before my own eyes. I worked for many years in an industrial business, and had under me a large number, or what was then a large number, of men...I was probably working under a system that was already passing. I doubt if its like could have been found in any of the big modern industrial towns of this country, even at that time. It was a place where I knew, and had known from childhood, every man on the ground, a place where I was able to talk with the men not only about the troubles in the works, but troubles at home where strikes and lock-outs were unknown. It was a place where the fathers and grandfathers of the men then working there had worked, and where their sons went automatically into the business. It was also a place where nobody ever "got the sack," and where we had a natural sympathy for those who were less concerned in efficiency than is this generation, and where a number of old gentlemen used to spend their days sitting on the handle of a wheelbarrow, smoking their pipes. Oddly enough, it was not an inefficient community. It was the last survivor of that type of works, and ultimately became swallowed up in one of those great combinations towards which the industries of to-day are tending.

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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."

I am whole-heartedly with those men who talk about disarmament on the Continent, peace on the Continent, and the removal of suspicion on the Continent, but far more do I plead for disarmament at home, and for the removal of that suspicion at home that tends to poison the relations of man and man, the removal of which alone can lead us to stability for our struggling industry, and create the confidence in which our people may be able to move forward to better things...It is one of the paradoxes of public life that from the very lips which preach pacifism abroad we hear the cries for war at home. Who was it said of Rousseau that he was a lover of his kind, but a hater of his kin? The children of such a philosophy can only bring damnation to this country.

And so it is, seven years nearly after the War, that we yet see this prolonged and intensified depression, and this horrible figure of unemployment...We stand to-day at a point where, roughly speaking, one out of every ten of the insured population is out of work...But there is no direct remedy from the State alone. There can be no direct remedy by private men alone. Nothing can be done unless we can all pull together with a will. And I am—and I speak seriously—quite profoundly thankful that the Labour Party have been in office, and for this reason: that they now know that they, no more than any other Government, have been able to produce a panacea that would remedy unemployment. And in their hearts they must admit that they have no remedy which can be guaranteed to cure this disease and at the same time maintain unimpaired the international position and power of the British Empire.

The continent of Europe, a continent separated from us indeed by a narrow strip of ocean, but joined to us by a hundred links of commerce and of humanity, indissolubly bound up with our fate, whether we like it or not. ... until you have stability you can have no confidence, and until you have confidence you can never get that increased productive power which is one of the absolute necessities for the bettering of our own trade in England...It is that cursed and diabolic suspicion between man and man and nation and nation that robs Europe of that sense of security that is essential to the unity of spirit which we must have before the world can function aright.

If there is anything...it is my training, which has given me, whether I can use it or not, a knowledge and a sympathy very difficult for any man to attain who has had an exclusively political training I regard it as of the greatest value to myself that during the formative years of my life, and during the ten and twenty years when I first started work in the world, I worked in close contact with all classes of people in this country, and enjoyed, through no credit to myself, the goodwill which I have inherited from generations that have gone before me and left behind a name for honesty, fair play, right judgment, and kindliness to those with whom they worked. Through that, whether I succeed or not, I believe I have an understanding of the mind of the people of the country which I could have gained in no other way. It is through this that I have that ineradicable belief and faith in our people which sustains me through good times and evil, and it is because of this that I have every confidence that, whatever troubles may come to this country, or in this country at any time, the native strength and virtue of our people will overcome everything. There is only one thing which I feel is worth giving one's whole strength to, and that is the binding together of all classes of our people in an effort to make life in this country better in every sense of the word. That is the main end and object of my life in politics.

I want to see the spirit of service to the whole nation the birthright of every member of the Unionist Party—Unionist in the sense that we stand for the union of those two nations of which Disraeli spoke two generations ago; union among our own people to make one nation of our people at home which, if secured, nothing else matters in the world.