Perpetual strife can only lead to poverty and oppression, and peace alone can remove these two spectres of poverty and oppression. - Stanley Baldwin

The right hon. Gentleman's statement was that Germany has already at this moment a military air force which is approaching equality with our own, and that by this time next year, if Germany continues to execute her programme without acceleration and if we continue to carry out the increase announced to Parliament in July last, the German military air force will be at least as strong as, and may be stronger than, our own...It is not the case that Germany is rapidly approaching equality with us...Even if we confine the comparison to the German air strength and the strength of the Royal Air Force immediately available in Europe, Germany is actively engaged in the production of service aircraft, but her real strength is not 50 per cent. of our strength in Europe to-day. As for the position this time next year, if she continues to execute her air programme without acceleration and if we continue to carry out at the present approved rate the expansion announced to Parliament in July...so far from the German military air force being at least as strong as and probably stronger than our own, we estimate that we shall still have in Europe a margin—in Europe alone—of nearly 50 per cent.

In Athens and Rome...every ultimate problem was theirs, as it is ours, and the more you open your soul to their appeal the more profound your pity for stumbling humanity, the more eager your effort to bind together the family of man rather than to loosen it. It is no blind chance that has led one of our greatest scholars to devote his life to the ideal of the League of Nations. Rather it is his desire to make his contribution to redeeming the failure of those very Greeks whom he, more perhaps than any living man, has helped this modern world to understand.

I cannot rival L[loyd] G[eorge] at that sort of speech—full of clever thrusts, innuendos, malicious half-truths. To L[loyd] G[eorge] and Winston [Churchill] it is all part of a game; as for me, I cannot make speeches which are sheer and mere dialectic...If I had made the sort of speech about L[loyd] G[eorge] that I could have made it would be a cruel attack on an old man and it would have done no good. All through his career, except during the War, he has done no end of harm, and his Versailles peace was iniquitous and his conduct after the peace execrable.