To be loyal is, for the Unionist, to accept the will of Parliament as expressed in the law of the land, which is made by the Crown in Parliament... W… - Enoch Powell

Perhaps the most insidious danger today is the notion, which many accept unreflectingly and others propagate sedulously, that a stable value of money is incompatible with economic progress or with a high level of employment. Theory and experience alike refute such a notion. I have already reminded you that throughout sixty years of Britain's golden age of expansion in every sphere, the value of money remained virtually constant. So far from it being true that inflation and a high level of employment hang together, the fact is that, for a nation in Britain's situation, dependent on world trade and commercial dealings with other countries for its livelihood, continued inflation is the greatest threat to full employment. It would be a tragedy if the Government or the nation allowed themselves to be diverted by these false fears from the single-minded pursuit of plain and elementary duty: the duty to secure and preserve the integrity and stability of the medium of exchange, on which depend all the economic dealings of man with man.

The thought struck me for the first time today that our duty to our country may not terminate with the peace – apart, I mean, from the duty of begetting children to bear arms for the King in the next generation. To be more explicit, I see growing on the horizon the greater peril than Germany or Japan ever were; and if the present hostilities do not actually merge into a war with our terrible enemy, America, it will remain for those of us who have the necessary knowledge and insight to do what we can where we can to help Britain be victorious again in her next crisis.

As I look ahead, I am filled with foreboding. Like the Roman, I seem to see "the River Tiber foaming with much blood."