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The British nation is unique in this respect: they are the only people who like to be told how bad things are, who like to be told the worst.

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The British are special. The world knows it. In our innermost thoughts we know it. This is the greatest nation on earth. So it has been an honour to serve it. I give my thanks to you, the British people, for the times that I have succeeded, and my apologies to you for the times I have fallen short. But good luck.

I must point out ... that the British nation is unique in this respect. They are the only people who like to be told how bad things are, who like to be told the worst, and like to be told that they are very likely to get much worse in the future and must prepare themselves for further reverses.

Of all countries passing through these difficult times the one that has stood the test with the greatest measure of success is the United Kingdom. Without underrating the hardships of our situation—the long tragedy of the unemployed, the grievous burden of taxation, the arduous and painful struggle of those engaged in trade and industry—at any rate we are free from that fear, which besets so many less fortunately placed, the fear that things are going to get worse. We owe our freedom from that fear largely to the fact that we have balanced our Budget.

I do not think there is a people more prejudiced in its own favour than the British people, and they allow this to appear in their talk and manners. They look on foreigners in general with contempt, and think nothing is as well done elsewhere as in their own country, and certainly many things contribute to keep up this good opinion of themselves, their love for their nation, its wealth, plenty, and liberty, and the comforts that are enjoyed.

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