To-day, in spite of the prospects, our faith is undiminished. Our hearts may be sad—mine certainly is—but I have handed in none of my papers of enlis… - Ramsay MacDonald

Greater liberty will be given to localities to regulate their own affairs, to acquire property for that purpose, to promulgate byelaws and more particularly to organise themselves as markets after the manner of co-operative societies.

The most secure nation in the whole of Europe, until it roused suspicions and fears against itself, was Germany. The German people who believe stories of encirclement cannot help recognising that their latest policy of military expansion, together with the circumstances of its declaration—an army greater than that of any other nation in Europe, an air force already declared equal to ours, a fleet that would be equal to the French and superior to the Italian—must rouse fear and unsettlement in the mind of every nation at which it can strike, and inevitably force the sound pacific idea of general collective security into the dangerous form of military alliances. The nations which were backward in making their contributions are now congratulating themselves that they waited for Germany to make its contribution first.

You are faced with the problem of what to do in respect to this question, to that question, and to the other question, but perfectly obviously, after you have faced the more superficial aspects of the separate questions, you want to know in relation to a complete plan what you are actually giving and what you are actually getting. Therefore, when the departmental, or compartmental, exploration has gone on to a certain extent it cannot be finished until somebody, co-ordinating all your problems, sets out in one statement and declaration the complete scheme that this Conference can pass in order to give security, to give disarmament, to give hope to the future–until that scheme has been placed before you, you cannot complete your examination of compartmental problems and questions...