[T]he real decision of the electors must be taken now, as always, on large principles and broad lines. Their real choice lies between those who are f… - Edward Grey, 1st Viscount Grey of Fallodon

There is no danger, no appreciable danger, of our being involved in any considerable trouble in Europe, unless there is some Power, or group of Powers, in Europe which has the ambition of achieving what I would call the Napoleonic policy. That would be a policy on the part of the strongest Power in Europe, or of the strongest group of Powers in Europe, of first of all separating the other Powers outside their own group from each other, taking them in detail, crushing them singly if need be, and forcing each into the orbit of the policy of the strongest Power, or of the strongest group of Powers... I do feel this very strongly, that...if while that process was going on we were appealed to for help and sat by and looked on and did nothing, then people ought to realise that the result would be one great combination in Europe, outside which we should be left without a friend. If that was the result, then the naval situation would be this, that if we meant to keep the command of the sea we should have to estimate as a probable combination against us of fleets in Europe not two Powers but five Powers.

The maintenance of civilised relations between States depends on the keeping of treaties, as the maintenance of civilised relations between individuals depends on the keeping of contracts. Moreover, many of us believe that unless the League of Nations be used and supported there is no prospect of future peace in Europe. It seemed clear that a Treaty (the Covenant of the League) had been broken; and a serious, perhaps a fatal, blow dealt to the League. In Italy apparently no one believes that this view of the importance of treaties and of the League can be held from any motive but unreasoning hostility to Italy, or equally from unreasoning friendship to Greece, or from some mean calculation of material interest.

If, on the other hand, by some misfortune or blunder our Entente with France were to be broken up, France will have to make her own terms with Germany. And Germany will again be in a position to keep us on bad terms with Germany and Russia, and to make herself predominant upon the Continent. Then, sooner or later, there will be war between us and Germany, in which much else may be involved.