We live under the shadow of the last War and its memories still sicken us. We remember what modern warfare is, with no glory in it but the heroism of… - Stanley Baldwin

The right hon. Gentleman's statement was that Germany has already at this moment a military air force which is approaching equality with our own, and that by this time next year, if Germany continues to execute her programme without acceleration and if we continue to carry out the increase announced to Parliament in July last, the German military air force will be at least as strong as, and may be stronger than, our own...It is not the case that Germany is rapidly approaching equality with us...Even if we confine the comparison to the German air strength and the strength of the Royal Air Force immediately available in Europe, Germany is actively engaged in the production of service aircraft, but her real strength is not 50 per cent. of our strength in Europe to-day. As for the position this time next year, if she continues to execute her air programme without acceleration and if we continue to carry out at the present approved rate the expansion announced to Parliament in July...so far from the German military air force being at least as strong as and probably stronger than our own, we estimate that we shall still have in Europe a margin—in Europe alone—of nearly 50 per cent.

The great task of this generation, in my view, is to save democracy, to preserve it and to inspire it. The ideal of democracy is a very fine one, but no ideals can run of themselves...All government of the people can be presented, as it were, on the circumference of a wheel, and government runs in very varying degree from the most complete and absolute autocracy, step by step, to chaos, and you find instances in history of governments passing through every phase on that circumference...Now we are at a point in that wheel, and that point is Democracy, with representative government. We have to remember that the price of liberty is eternal vigilance, and, I may add, eternal knowledge, eternal sympathy, and eternal understanding; and it is our duty in this generation to keep the State steady at the point to which we have attained, knowing full well the risks that lie on either hand by slipping back in the one direction of the wheel or the other, the one direction drawing to a curtailment of our liberty, the other direction being that in which liberty tends to licence.

If I did not believe that our work was done in the faith and hope that at some day, it may be a million years hence, the Kingdom of God will spread over the whole world, I would have no hope, I could do no work, and I would give my office over this morning to anyone who would take it.