I am not talking about failure, I am talking about my supreme confidence in the British fleet...superlative ships, excellent equipment, the most highly trained professional group of men, the most honourable and brave members of Her Majesty's Service. Failure? Do you remember what Queen Victoria once said? “Failure—the possibilities do not exist”. That is the way we must look at it, with all our professionalism, all our flair and every single bit of native cunning, every single bit of professionalism and all our equipment and we must go out calmly, quietly, to succeed.

At this grave moment of our national history I send to you, and through you to the officers and men of the Fleets of which you have assumed command, the assurance of my confidence that, under your direction, they will revive and renew the old glories of the Royal Navy and prove once again the sure shield of Britain and of her Empire in the hour of trial.