I have been a pretty hard worker all my life, from boyhood right up to the present day. But I have never worked harder than during the period when I … - David Lloyd George

I want to urge him again not to be too frightened of the City of London. Since the War the City of London has been invariably wrong in advising the Government, not merely in the advice which it gave us, and the advice which it gave to the late Government, but in the advice it is giving now. ... [D]o not let the Government run away the moment a few volleys are fired from the City of London. It may save them trouble for a short time but no progressive Government can survive long under the protection of the white flag.

I am now approaching the narrowest and the most threatening gorge in the mad voyage, with one particularly jagged rock right in the middle of the stream and to all appearances barring the way. In the end it was the German boat that crashed against it and was broken to pieces, but I shudder to think that this experience was almost ours. The submarine campaign proved the ruin of Germany. It is a horrifying thought that it very nearly achieved the destruction of Britain’s sea power, with all that such a disaster would have meant to the fortunes of the Alliance and of humanity. We are all too apt, on looking back upon Germany's submarine campaign, to regard it as one of her most fatuous blunders. It is true that it turned out to be the fatal error which precipitated her ultimate defeat. But it was a miscalculation only by a margin which might have been on the other side. There were weeks when the German leaders had truthful reports which gave them confident assurance of success, while giving Britain and her Allies cause for an anxiety which at one stage reached the depths of alarm. There were times when some of our most cautious leaders thought we might be beaten and that we would do well to make peace whilst our ships were afloat.

Before they [Labour] came in unemployment was gradually improving year by year. Since they have been in it has gone up. Before they came in the cost of living was going down. It has gone up. Since they came in the number of houses that had been built for the workmen had gone down and their cost gone up. Before they came in the export trade of this country was gradually but steadily improving. Have you seen the last returns? They are going down. If this is what Mr. Ramsay MacDonald means by a Labour success, Heaven save this country any more Socialist triumphs.