Politicians are liable to be attacked from every flank—simultaneously. They are suspicious, subtle, crafty and designing, and at the same time they a… - David Lloyd George

Industrial countries are...engaged in improving their machinery, in order to save labour and increase production... The moment peace is restored in Europe, and the exchanges are stabilised...[y]ou will then be face to face with the real rivalry and the competition... I fear that the period of depression is going to be prolonged... we are in for a long period of depression such as we have not seen in our lifetime.

[Lloyd George] said that Harding's speech on American naval aspirations made him feel that he would pawn his shirt rather than allow America to dominate the seas. If this was to be the outcome of the League of Nations propaganda, he was sorry for the world and in particular for America.

There was a tragic bitterness about the situation which developed through those days, and which forced a cleavage between me and colleagues with most of whom I had for long years been working in the happiest and most fruitful collaboration—a cleavage later on aggravated and perpetuated by the malice of petty-minded men with baneful effects on the future political development of our country.