"The only answer to Socialism was to build up by every means a property-owning democracy. Socialism promised to build up a great pauper State by its schemes for State relief, nationalization and doles, while the Conservative Party promised to build up a great property-owning, thrifty, and industrious State."

“It breaks my heart to see what is happening in our country today - this terrible strike of the best men in the world, who beat the Kaiser's army and beat Hitler's army, and never gave in. Pointless, endless. We can't afford that kind of thing. And then this growing division which the noble Lord who has just spoken mentioned, of a comparatively prosperous south, and an ailing north and midlands. That can't go on.”

“What I do not see is the argument...that we ought somehow to go on a quite different issue, a purely economic issue, to this new extreme which seems, greatly to my regret, to have inspired part of my party. There are no longer the principles of Lord Shaftesbury, Mr. Disraeli or Mr. Churchill. We are reverting to a form of neo-Cobdenism based upon the worst elements of the Manchester school, supported by aphorisms that would have done honour to that popular writer, Dr. Samuel Smiles. The paternalist elements and traditions of the Tory Party that come from its very roots are now unpopular. We are making a great error. It is because the people as a whole trusted those whom they regarded as their natural leaders to help them, support them and protect them that we have had the great authority in the past in our country.”

“It's a good thing to be laughed at. It's better than to be ignored.”

“The most striking of all the impressions I have formed since I left London a month ago is of the strength of this African national consciousness. In different places it may take different forms but it is happening everywhere. The wind of change is blowing through this continent. Whether we like it or not, this growth of national consciousness is a political fact. We must all accept it as a fact. Our national policies must take account of it. This means, I would judge, that we must come to terms with it. I sincerely believe that if we cannot do so we may imperil the precarious balance between East and West on which the peace of the world depends.”

“America is “the new Roman empire and we Britons, like the Greeks of old, must teach them how to make it go.”

“We must export to get necessities. We could not produce more than perhaps half our food. We had no raw materials, except coal and iron. Now we were importing both. We were even bringing coals to Newcastle, at least figuratively. All these imports must be paid for by exports. ... At first our main competitors—Germany and Japan—were out of the race. Now they were coming along very fast. We must not relax; on the contrary, we must make even greater efforts.”