It is said, however, that this is not an ordinary case of the transfer of power from one party to another. It means, for the first time, the installa… - H. H. Asquith

[T]his long and sombre procession of cruelty and suffering, lighted up as it is by deathless examples of heroism and chivalry, cannot be allowed to end in some patched-up, precarious, dishonouring compromise, masquerading under the name of Peace. No one desires to prolong for a single unnecessary day the tragic spectacle of bloodshed and destruction, but we owe it to those who have given their lives for us, the flower of our youth, the hope and promise of our future, that their supreme sacrifice shall not have been in vain. The ends of the Allies are well known; they have been frequently and precisely stated. They are not selfish ends, they are not vindictive ends, but they require that there shall be adequate reparation for the past and adequate security for the future. On their achievement we in this country honestly believe depends the best hopes of humanity.

Let us realize...that we are fighting as a united Empire in a cause worthy of the highest traditions of our race. ... [L]et us recall the memories of the great men and the great deeds of the past, commemorated, some of them, as you have reminded us, in the monuments which we see around us on these walls, not forgetting the dying message of the younger Pitt, his last public utterance made at the table of your predecessor, my Lord Mayor, in this very hall: “England has saved herself by her exertions and will, as I trust, save Europe by her example.” (Cheers.) England in those days gave a noble answer to his appeal, and did not sheathe the sword until, after nearly twenty years of fighting, the freedom of Europe was secured. Let us go and do likewise. (Cries of “Bravo” and cheers.)

[A] return to more thrifty and economical administration [is] the first and paramount duty of the Government.