"If inflation priced us out of world markets we should be back in the old nightmare of unemployment. What folly to risk throwing away all that we have gained. ... Our first duty at a time when there is more money about than goods to spend it on is to keep down Government expenditure. ... The second duty of the Government is to frame policies which encourage saving and discourage spending. ... n the long run there is only one answer to the 64,000 dollar question—to increase production. That is the answer. That is where the real hope lies."

“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.”

“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.”

“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.”