"Conditions have greatly changed in Great Britain since the end of the war owing to the existence of full employment. Negotiations about wages between the two sides of industry now take place in entirely different circumstances. There is no reserve of labour to compete for jobs. ... If wages rise faster than productivity the increases in cost can usually be passed on in increased selling prices. There is thus in the economic system very much less check on the upward movement of money wages. ... f wages at home rise unchecked, it is more likely in general that exports will gradually cease to be competitive and there will be balance of payments difficulties. These can be met, in the end, by devaluation. A succession of devaluations completely undermines confidence in any currency. ... It is clear that a very difficult problem faces a country such as ours, which wishes to maintain full employment and yet to avoid the undoubted evils of rising prices and balance of payments difficulties abroad."

“For my part, I hold that the central idea of British Socialism is the brotherhood of man. It is this rather than public ownership which surely inspires all our aims in foreign, colonial, social, and economic policies alike. It is this which inspires our protests about Suez and Hola and Cyprus. It is this which is the common link between our hatred of racial discrimination, our opposition to sabre rattling jingoism, our support for a world order and for aid from richer to poorer countries, our belief in social justice and a classless society, our hopes of building a community based on something better than acquisitiveness and rivalry, our respect for the freedom of the individual.”

“We may lose the vote today, and the result may deal this party a grave blow. It may not be possible to prevent it, but there are some of us, I think many of us, who will not accept that this blow need be mortal: who will not believe that such an end is inevitable. There are some of us who will fight, and fight, and fight again, to save the party we love. We will fight, and fight, and fight again, to bring back sanity and honesty and dignity, so that our party – with its great past – may retain its glory and its greatness.”

“In recent years, hours of work have been reduced, holidays have been increased, the age of entry into employment has gone up, and above all, our general health and expectation of life as a people have markedly improved. It is a natural corollary of these changes that we should work longer and retire later.”

“You can be assured of this. There will be no increase in the standard or other rates of income tax under the Labour Government so long as normal peacetime conditions continue.”

“All I can say is that in taking this decision the Government, in the view of Her Majesty's Opposition, have committed an act of disastrous folly whose tragic consequences we shall regret for years. Yes, all of us will regret it, because it will have done irreparable harm to the prestige and reputation of our country.”

“The fact is that this episode must be recognised as part of the struggle for the mastery of the Middle East. That is something which I do not feel that we can ignore. One may ask, "Why does it involve the rest of the Middle East?" It is because of the prestige issues which are involved here. ... restige has quite considerable effects. If Colonel Nasser's prestige is put up sufficiently and ours is put down sufficiently, the effects of that in that part of the world will be that our friends desert us because they think we are lost, and go over to Egypt.”