I am making a good fight for the old country & there is no one but me who could do it. - David Lloyd George

I am making no predictions and the Prime Minister is wise in taking that line, but I am perfectly certain that nothing will enable the German Empire for a generation or two to get anywhere near the same position of dominant force and menace that it was in before the War. I do not say they desire it—I do not believe there is any such desire in Germany at the present moment.

In the year 1910 we were beset by an accumulation of grave issues—rapidly becoming graver. ... It was becoming evident to discerning eyes that the Party and Parliamentary system was unequal to coping with them. ... The shadow of unemployment was rising ominously above the horizon. Our international rivals were forging ahead at a great rate and jeopardising our hold on the foreign trade which had contributed to the phenomenal prosperity of the previous half-century, and of which we had made such a muddled and selfish use. Our working population, crushed into dingy and mean streets, with no assurance that they would not be deprived of their daily bread by ill-health or trade fluctuations, were becoming sullen with discontent. Whilst we were growing more dependent on overseas supplies for our food, our soil was gradually going out of cultivation. The life of the countryside was wilting away and we were becoming dangerously over-industrialised. Excessive indulgence in alcoholic drinks was undermining the health and efficiency of a considerable section of the population. The Irish controversy was poisoning our relations with the United States of America. A great Constitutional struggle over the House of Lords threatened revolution at home, another threatened civil war at our doors in Ireland. Great nations were arming feverishly for an apprehended struggle into which we might be drawn by some visible or invisible ties, interests, or sympathies. Were we prepared for all the terrifying contingencies?

Toryism would confiscate, in the interests of a private monopoly, the produce of the industry, the toil, the capital, the risk and the effort of others. Socialism would also confiscate, in the interests of a State monopoly, the efforts of the individual. Liberalism stands for a free opportunity for the individual to do the best for himself and the nation.