[T]he shielding of industries which have been demonstrated by the war to be essential to the very life of the nation. I remember when I was appointed… - David Lloyd George

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[T]he shielding of industries which have been demonstrated by the war to be essential to the very life of the nation. I remember when I was appointed Minister of Munitions I found there were industries essential to national defence which had been very largely captured by our enemies. ... [T]hese essential key industries shall be preserved after the war, not because we anticipate another war, but because we are less likely to have another war if they know that we are quite ready for any challenge on a just ground.