[T]he people of Britain and the Dominions were not much given to self-glorification. We were indeed inclined to a certain self-depreciation which was… - Clement Attlee

I think that the whole of the movement towards dictatorships in Europe has reached its highest point and that there is a decline in the movement towards dictatorships owing to the failure of the dictators. I think that Hitler and his movement is the last move in the suggestion that somehow or other you can secure the world by getting some wonderful individual who is going to set everything right. [Interruption.] We have always taken that view on these Benches, and I am pleased to see by the applause on the Benches opposite that there is no inclination on their part to take Sir Oswald Mosley too seriously. I think we can generally say to-day that this dictatorship is gradually falling down. [Interruption.] I can quite understand the attitude of hon. Members opposite. We on this side are quite happy.

A great campaign was launched to try to prevent the success of the Marshall plan in western Europe. Why? I am forced to the conclusion that it was because economic recovery in western Europe did not suit the foreign policy of the Soviet Government. Communism flourishes where the standard of life is low. The Communists did not care a jot for the sufferings of the people. If they had had their way—and their campaign against the Marshall plan has been an utter failure—the remarkable progress towards recovery which has taken place in western Europe would not have taken place. Aid from across the Atlantic would have been rejected. Your standard of life would have been reduced in order that there might be fertile ground for Communist propaganda.

As a nation we have two tasks; the one is to provide goods and services for our home needs, the other is to pay for the food and raw materials which we must get from abroad. Before the war we were rich; we owned money and railways and so forth abroad. The income from these helped to pay for our imports; but we sold these in order to help to win the war. We have therefore borrowed large sums from Canada and the United States to tide us over while we build up again, but when this money runs out we must pay for what we want from our own resources. To do this we must devote a far larger part than ever before of the wealth we produce to pay for imports.