[I believe in] the throne...parliamentary institutions...private enterprise and individual opinion against the socialization of the state...equity in… - Austen Chamberlain

The danger which threatens us comes from Labour... Those who think that the Conservative or Unionist Party, standing as such and disavowing its Liberal allies, could return with a working majority are living in a fools paradise and, if they persist, may easily involve themselves and the country in dangers the outcome of which it is hard to predict.

The combination of the Liberal and Labour Parties is much stronger than the Liberal Party would be if there were no third Party in existence. Many men who would in that case have voted for us voted on this occasion as the Labour Party told them i.e. for the Liberals. The Labour Party has "come to stay"...the existence of the third Party deprives us of the full benefits of the 'swing of the pendulum', introduces a new element into politics and confronts us with a new difficulty.

No British Government ever will and ever can risk the bones of a British grenadier.