Through my childhood and adolescence the land and the buildings of England and Wales were perceived by me always somehow in a fourth dimension, the d… - Enoch Powell

It is the old, old worry: will the British people perceive in time what is happening to them and where they are being taken? If they do, I am not afraid for the outcome. But will they? … referendum day is certainly not the last chance, because I am sure that, if the result is interpreted as sanctioning Stay In, the events of the following months will open many eyes that are closed at present. Perhaps, however, I might express it this way: if referendum day is not September, 1939, at any rate it is September, 1938. The nation is being invited to confirm the surrender, and the permanent surrender, of its most precious possession: its political independence and parliamentary self-government, and the right to live under laws and to pay taxes authorized only by Parliament and to be governed by policies for which the executive is fully accountable through Parliament to the electorate. Above and beyond all the arguments about butter mountains and Brussels bureaucrats there lies that stark fact, undenied and undeniable.

One thing above all they assuredly would not forget; Lancastrian or Yorkist, squire or lord, priest or layman; they would point to the kingship of England, and its emblems everywhere visible. The immemorial arms, gules, three leopards or, though quartered late with France, azure, three fleurs de lis argent; and older still, the crown itself and that sceptred awe, in which Saint Edward the Englishman still seemed to sit in his own chair to claim the allegiance of all the English. Symbol, yet source of power; person of flesh and blood, yet incarnation of an idea; the kingship would have seemed to them, as it seems to us, to express the qualities that are peculiarly England's. The unity of England, effortless and unconstrained, which accepts the unlimited supremacy of Crown in Parliament so naturally as not to be aware of it; the homogeneity of England, so profound and embracing that the counties and the regions make it a hobby to discover their differences and assert their peculiarities; the continuity of England, which has brought this unity and this homogeneity about by the slow alchemy of centuries.

It is a profound fallacy to suppose that there is anything to be regretted in a fall in the exchange rate. A fall in the exchange rate mirrors one or both of two things. It either mirrors a decline in our real terms of trade, or else, or also, it mirrors differential inflation in this country compared with inflation in the other countries with whose currencies we are comparing the exchange value of our own. On neither of those grounds is a fall, if there be a fall, in the exchange rate a sign that something is wrong with us or that the fall ought to be suppressed and forcibly reversed. If a fall in the exchange rate reflects a fall in the real terms of trade—if it really means that an item we are producing at the moment exchanges in Toronto or Timbuctoo for less than it formerly did—that is due to an alteration in the economic pattern of the world as a whole. The sooner and the more accurately we know about it, the sooner and the more accurately we shall adapt and alter our behaviour and productive efforts to fit those changes in the real world of which, in the end, we are the servants and not the masters, whether under a Labour Government or under any other sort of Government in this country.