[In the case of sterling devaluation was] neither necessary nor will it take place. - Stafford Cripps

I want to see the end of the British Empire in the world.

We will have nothing to do with Imperialist or capitalist wars. If the time comes, as we hope it will, when the workers of this country own England as they do not own England to-day; if their policy is a policy of international socialism, then it may be that we may have to defend the system and the country against the marauders of some capitalist Power...the majority of the workers would be prepared to defend the system, but so long as they were being asked to defend something with which they profoundly disagreed, something which they believed to lie at the root of the dangers of the world to-day, then it was their duty to say that they would have nothing to do with the armed forces or with war. It was no exaggeration to say that to-day we were far more in danger of a holocaust than we were in 1913...in 1931 Lombard Street determined that it was time to finish the life of the Labour Government. It was finished not by the traditional method of a hostile vote in the Commons, but by means which [I] dared to mention in Nottingham—and caused a considerable uproar in the Press—the Buckingham Palace influence.

We must bring home to the people the seriousness of the country's present plight and the future problems that we face. We must convince them of their power to overcome all difficulties by common effort. We must draw out from people that courage and determination which have always been the hallmarks of the British character.