“Wealth has to be created before it can be shared.” Starting from there, the emphasis is placed firmly on creating the political and economic climate… - Alec Douglas-Home

We also believe that we should have the power to assist voluntary repatriation, that the dependents must be counted against the limits on numbers, and that the total should be further reduced. ... Without the measures outlined, those of us who have studied this question at close quarters are increasingly fearful that an intractable racial problem will be introduced into Britain and may become endemic if we are not careful. This, in our view, must not be allowed. Therefore it is time to bring this problem into the open and not be afraid to talk about it. Those who speak about it in a responsible way should not be charged with racial prejudice.

Britain is not earning her living. We are not keeping pace with the economic performance of our European and North American neighbours, and we are certainly not achieving the potential that is in us. ... At the end of a war of prolonged sacrifice we were left with much obsolete industrial plant, and a short-fall in the capital necessary to scrap and renew it. For a century we had lived on cheap food and raw materials imported from overseas. They are not and will not in future be available to us. ... We cannot continue to live beyond or ability or our willingness to earn. That is the one basic fact with which Britain has yet to come to terms.

If I learnt anything as Foreign Secretary, it is that there is the most direct relationship between wealth and power and influence. But, before wealth is shared, it must be earned. Our aim, therefore, must be a steady expansion of the national wealth. The situation for Britain today is almost startlingly clear. It lies in what...is called automation, and what that really means is simply this: We must make the maximum use of the machine and have the maximum efficiency in the use of management and labour. ... Rising prices against the consumer are Britain's deadliest enemy. If we must have growth, we must have it against inflation.