O how I long for the days when, if the Japs were cheeky, we showed them the guns of the China Squadron, and no more was heard. - Stanley Baldwin

There is no more romantic episode in English history, or in the haphazard building of the Empire, than the story of the "Company of Adventurers of England Trading into Hudson's Bay." To look for the North-west passage while they made profits out of furs, to obtain a charter of sovereignty over the lands which contained all the waters flowing into that bay, and yet to leave those lands unexplored for many, many years—this is a typically British proceeding. They sought the western equivalents of "ivory and apes and peacocks," and they found an empire as a by-product. They created a great tradition, a tradition which is your own to-day, of discipline and endurance round a commercial ideal. They treated the Indians as a source of profit, yet they treated them with justice and with kindliness. They kept one eye on dividends and another on exploration. What race besides our own could be so casual, so far-sighted, so inconsistent and so successful?

I attended the Royal Opening of the Indian Conference yesterday...Our delegation is starting well, but Winston [Churchill] is in the depths of gloom. He wants the Conference to bust up quickly and the Tory Party to go back to pre-war and govern with a strong hand. He has become once more the subaltern of Hussars of '96.

...for us alone are still opportunities denied to other nations. It is open to us to settle and work in any climate we may choose and in almost any part of the world, and find ourselves amongst people who speak our tongue, who obey our laws, who cherish the same ideals, and worship according to the rites familiar to us, who are subjects of the same Sovereign; and to this we—Tory, Liberal and Labour alike—to make our unity such a reality that men and women regard the Empire as one, and that it may become possible for them to move within its bounds to New Zealand, to Australia, to South Africa, to Canada, as easily and as freely as from Glasgow to London or Bristol to Newcastle.