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" "In 1919 we pledged our honour as a country that we would disarm as soon as possible, and other countries did the same. In the face of that Germany accepted the Treaty of Versailles. We had done nothing. We had offered a Disarmament Conference which might well make the gods laugh if they desired the destruction of the human race. We had got to realize the extraordinary gravity of the European situation—the pass to which the National Government had brought the world. The worst Foreign Secretary for 200 years had led this country into folly after folly in the international field. They ought to warn the Government that in no circumstances would they break any of the pacts they had made not to go to war. There was only one effective way in which they could make that threat effective...and that was to call a general strike. It was for the people of this country, in answer to that call, to put themselves behind the trade unions and to compel the trade unions to draw up plans immediately for that great resistance.
Sir Richard Stafford Cripps (24 April 1889 – 21 April 1952) was a British Labour Party politician, barrister, and diplomat. He served as British Ambassador to the Soviet Union at the beginning of World War II, and later joined Prime Minister Winston Churchill's war cabinet. He later served as President of the Board of Trade and Chancellor of the Exchequer under Prime Minister Clement Attlee.
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The Government decided...to reduce the dollar exchange value of the pound sterling. In the last few days we have settled what the new rate should be and now I have to tell you of that decision; it is that in place of the present rate, fixed in 1946, of $4 3c. for the pound the rate will in future be $2 80c. to the pound.
Money cannot make armaments. Armaments can only be made by the skill of the British working class, and it is the British working class who would be called upon to use them. To-day you have the most glorious opportunity that the workers have ever had if you will only use the necessity of capitalism in order to get power yourselves. The capitalists are in your hands. Refuse to make munitions, refuse to make armaments, and they are helpless. They would have to hand the control of the country over to you.