The lessons of this crisis have made it clear to us that in the interests of world peace it is essential that our defensive services should be strong… - Stanley Baldwin

There can be no such thing in the long run as the prosperity of an isolated nation...until the trade of the world once more begins to move from one country to another and goods can be exchanged and paid for—until that happens there is no permanency to the security we have gained. Does not that bring us back to this, that while we all know that we have got to go on, and go on quickly, with this matter of armaments, there is driven into us once more the mad folly of Europe to-day in the expenditure she is making on armaments at the sacrifice of her international trade? We have to do what we can in our conversations with foreign countries to show the folly of this, which, if protracted too long, may bring ruin to us all. Therefore we have still to hold on to the faith that sooner or later it may be possible once again to discuss the reduction of armaments. If and when that time comes we must all of us throw our weight into the effort. This massing of huge armaments on the Continent, even the work that we are doing—the money would be far better used for the progress of the world.

The fellows I am most up against are the old gentlemen in the extreme Tory wing who sit in the smoking rooms of clubs and never do a hand's turn of work, but damn me for all I do... No country had the same stock to draw on for public works as we had. Public life could become beastly corrupt, but we could all help to keep it clean and free from graft.

I have often thought, with reference to the late War...that it has shown the whole world how thin is the crust of civilisation on which this generation is walking. The realisation of that must have come with an appalling shock to most of us here. But more than that. There is not a man in this House who does not remember the first air raids and the first use of poisoned gas, and the cry that went up from this country. We know how, before the War ended, we were all using both those means of imposing our will upon our enemy. We realise that when men have their backs to the wall they will adopt any means for self-preservation. But there was left behind an uncomfortable feeling in the hearts of millions of men throughout Europe that, whatever had been the result of the War, we had all of us slipped down in our views of what constituted civilisation. We could not help feeling that future wars might provide, with further discoveries in science, a more rapid descent for the human race. There came a feeling, which I know is felt in all quarters of this House, that if our civilisation is to be saved, even at its present level, it behoves all people in all nations to do what they can by joining hands to save what we have, that we may use it as the vantage ground for further progress, rather than run the risk of all of us sliding in the abyss together.