Our more serious devastation was invisible—the shattering of our export trade through our being cut off for over four years from our normal overseas … - David Lloyd George
" "Our more serious devastation was invisible—the shattering of our export trade through our being cut off for over four years from our normal overseas markets. We were the largest international traders in the world and were, therefore, more vulnerable in this respect than any other country. Our customers had been driven either to secure their supplies from rival sources or to start manufacturing for themselves. Indeed, our export trade has never recovered from the War, as the derelict factories of our industrial districts bear melancholy witness. While world trade had by 1927 risen to 120 per cent of the pre-war level, British export trade was only 83 per cent of its pre-war height. That is our real devastated area.
About David Lloyd George
David Lloyd George (17 January 1863 – 26 March 1945) was a British politician, who served as Prime Minister of the United Kingdom from 1916 to 1922.
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Additional quotes by David Lloyd George
If anything were required to convert me to the need for Scottish Home Rule, I think it was that solitary experience I had upon a Private Bill Committee... [P]urely local, and if I may say purely provincial questions ought to be delegated to purely provincial and—I am not afraid to use the word—national assemblies.
What has happened to the monastery? There it was planted in the hills, not merely looking after the spiritual needs of the people, but also their temporal needs... They have all gone. One of these parishes I find to-day with a tithe, and probably the land was owned by gentlemen who, when I was down there twenty years ago, was the anti-disestablishment candidate for that district. What is the good of talking about it? Whoever else has got a right to complain of Parliament not being authorised to deal with this trust; the present Establishment has no right, and the present House of Lords has no right. Property which was used for the sick, for the lame, for the poor, and for education, where has it gone to? ...[T]he bulk of it went to the founders of great families. It is one of the most disgraceful and discreditable records in the history of this country.
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Who is it who is responsible for the scheme of things whereby one man is engaged through life in grinding labour to win a bare and precarious subsistence for himself, and when, at the end of his days, he claims at the hands of the community he served a poor pension of eightpence a day, he can only get it through a revolution, and another man who does not toil receives every hour of the day, every hour of the night, whilst he slumbers, more than his poor neighbour receives in a whole year of toil? Where did the table of that law come from? Whose finger inscribed it? These are the questions that will be asked. The answers are charged with peril for the order of things the Peers represent; but they are fraught with rare and refreshing fruit for the parched lips of the multitude who have been treading the dusty road along which the people have marched through the dark ages which are now merging into the light.