I owe a great deal of my public and private life to my Nonconformist ancestry. - Stanley Baldwin

There is no more romantic episode in English history, or in the haphazard building of the Empire, than the story of the "Company of Adventurers of England Trading into Hudson's Bay." To look for the North-west passage while they made profits out of furs, to obtain a charter of sovereignty over the lands which contained all the waters flowing into that bay, and yet to leave those lands unexplored for many, many years—this is a typically British proceeding. They sought the western equivalents of "ivory and apes and peacocks," and they found an empire as a by-product. They created a great tradition, a tradition which is your own to-day, of discipline and endurance round a commercial ideal. They treated the Indians as a source of profit, yet they treated them with justice and with kindliness. They kept one eye on dividends and another on exploration. What race besides our own could be so casual, so far-sighted, so inconsistent and so successful?

No Party is so divided as mine. I have done my utmost to keep it together, but it ranges from Imperialists of the Second Jubilee to young advanced Democrats who are all for Irwin's policy. I am for that policy myself, and mean to say so.

During the Middle Ages, and indeed, throughout later years...Our boundary was the sea; it was a fixed boundary, and a boundary which none could cross when once there was a united nation able to guard that sea frontier; and it is owing to that, primarily and principally, that we were able to develop in this country our own peculiar civilisation and our own freedom in a security which was alien, at that time, to almost every other nation of the world.