“The evils and dangers of which I speak are of slow growth, and their cure can only be gradual. Unless Great Britain is able by a united and well-instructed effort to grapple with her economic problems, and unless she is worthy to be the heart of her world-wide establishment, you here in this hall today will live long enough to lose not only your inheritance, but your livelihood. The continuance of our present confusion and disintegration will reduce us within a generation, and perhaps sooner, to the degree of States like Holland and Portugal, which nursed valiant races and held great possessions, but were stripped of them in the crush and competition of the world. That would be a melancholy end to all the old glories and recent triumphs.”

—  Winston S. Churchill

Source: Rectorial address ("The present decline of Parliamentary government in Great Britain") to Edinburgh University (5 March 1931), quoted in The Times (6 March 1931), p. 19

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Winston S. Churchill601
Prime Minister of the United Kingdom 1874–1965

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