[T]he Disarmament Conference met early in 1932. Under the Presidency of good Arthur Henderson, whose Naval Disarmament Conference in London had been … - Quintin Hogg, Baron Hailsham of St Marylebone

Experience shows that at this rate of inflation, democracy cannot survive... A middle-class backlash is inevitable. A populist movement. In the end people will not put up with the law being broken and factions of the workers getting away with it with impunity. People will take control into their own hands, or a strong government will use the public forces to seize control. People will get hurt. Quite likely there will be a lot of violence one way or another. But in the end there is a limit to what middle-class people will tolerate.

The British people must be strong. If we talk we must be ready to act. We must speak with the authority of the strong because our voice is practically the only voice in the world which will speak out with authority for right.

The second principle is that a nation should know what its interests are and should then ascertain what military power is required to defend them. A nation which fails to do this does not thereby escape the necessity of fighting for its legitimate interests; it only ensures that when it does have to fight it will not have the power to fight successfully. The Left consistently denied this principle. The argument used amounted to the pretence that the protection by fair means of a legitimate interest was not a moral or righteous purpose in foreign policy. This delusion is based on the double fallacy of supposing that interests are always immoral things which it is wrong to defend and of supposing that interests which are not defended by those who possess them will ever be preserved by anyone else. To this day this fallacy permeates nearly all left-wing propaganda in domestic and foreign policy alike.