All this humbug of curing unemployment by Exchequer grants is one of the most superficial and ill considered proposals that has ever been foisted upo… - Ramsay MacDonald

I do not intend to carry on when we are through this mess. As soon as we have turned the corner I will get out, but I do not want to leave the Labour Party in a bad position.

That blot on the peace of the world, the Treaty of Versailles, is vanishing, and for that I am thankful... France has again had a severe lesson, and I hope it will take it this time. In any event the folly of pandering to it by standing rigidly to the letter of Versailles or Locarno...must now be plain and this logical and legalistic nation should be brought to face reality.

Mr. Rockefeller not only owns the Standard Oil supplies: he controls the railways, the banks, the shops...upon which his Trust depends. The Steel Corporation not only makes steel; it owns coal and iron fields, ore steamers, the Erie and Pittsburgh mineral railway, as well as the operatives in Homestead. We oppose the Trust, not as an organisation, but because it is controlled by individuals for their own ends...But the Trust points out the line of British advance. In this country, however, the introduction of the Trust should be marked by public ownership.