The right hon. Gentleman the Member for West Birmingham said, in future what are you going to tax when you will want more money? He also not merely a… - David Lloyd George

" "

The right hon. Gentleman the Member for West Birmingham said, in future what are you going to tax when you will want more money? He also not merely assumed but stated that you could not depend upon any economy in armaments. I think that is not so. I think he will find that next year there will be substantial economy without interfering in the slightest degree with the efficiency of the Navy. The expenditure of the last few years has been very largely for the purpose of meeting what is recognised to be a temporary emergency. ... It is very difficult for one nation to arrest this very terrible development. You cannot do it. You cannot when other nations are spending huge sums of money which are not merely weapons of defence, but are equally weapons of attack. I realise that, but the encouraging symptom which I observe is that the movement against it is a cosmopolitan one and an international one. Whether it will bear fruit this year or next year, that I am not sure of, but I am certain that it will come. I can see signs, distinct signs, of reaction throughout the world. Take a neighbour of ours. Our relations are very much better than they were a few years ago. There is none of that snarling which we used to see, more especially in the Press of those two great, I will not say rival nations, but two great Empires. The feeling is better altogether between them. They begin to realise they can co-operate for common ends, and that the points of co-operation are greater and more numerous and more important than the points of possible controversy.