“I propose that where private enterprise has been proved to be palpably unable, under present conditions…to solve our national difficulties and fulfil our national needs unaided by the State, the administrative and financial resources of the nation as a whole should be made responsible for setting on foot and supporting those developments in town and country which would bring into fruitful activity our undeveloped resources and opportunities.”

Speech in Bangor (17 January 1935), quoted in The Times (18 January 1935), p. 7
Later life

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David Lloyd George172

Former Prime Minister of the United Kingdom 1863–1945

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David Lloyd George172

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