“Our future as an industrial and trading nation depends on the success of our export drive. Increased production and increased exports are vital to the health of the shipping industry. … Our fundamental need is still increased production to enable us to increase our volume of exports and so pay for our imports. … That is the need of the country to-day.”

— Clement Attlee

Prime Minister
Source: Speech to the Chamber of Shipping of the United Kingdom at the Dorchester Hotel (13 October 1949), quoted in The Times (14 October 1949), p. 4

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Clement Attlee 95

Former Prime Minister of the United Kingdom 1883–1967

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“Wherever we look, the work of the chemist has raised the level of our civilization and has increased the productive capacity of our nation.”

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“We should emerge from the rearmament period with inadequate reserves, with no assurance of further U. S. aid, with our export markets reduced, with a continuous and possibly increased claim on our resources for defence, with German and Japanese competition at full blast and finally, with industrial efficiency in a relatively worse position compared with the United States than it is now.”

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Theresa May (1956) Prime Minister of the United Kingdom

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“Our more serious devastation was invisible—the shattering of our export trade through our being cut off for over four years from our normal overseas markets. We were the largest international traders in the world and were, therefore, more vulnerable in this respect than any other country. Our customers had been driven either to secure their supplies from rival sources or to start manufacturing for themselves. Indeed, our export trade has never recovered from the War, as the derelict factories of our industrial districts bear melancholy witness. While world trade had by 1927 risen to 120 per cent of the pre-war level, British export trade was only 83 per cent of its pre-war height. That is our real devastated area.”

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“There is something paradoxical in the fact that by establishing an export market we subject our entire domestic production to the vagaries of that market.”

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“In 1872 we sent to the protected countries of Europe and to the United States of America 116,000,000 of exported manufactures. In 1882…it fell to 88,000,000. In 1892…it fell to 75,000,000. In 1902, last year, although the general exports had increased, the exports of manufactures had decreased again to 73½ millions. And the total result of this is that after 30 years you are sending 42½ millions of manufactures less to the protected countries than you did 30 years ago. Then there the neutral countries…they have fallen 3½ millions…you have lost altogether in your export of manufactures 46 millions. How is it that that has not impressed the people before? Because the change has been concealed by our statistics…You have failed to observe that the continuance of your trade is dependent entirely on British possessions. While these foreign countries have declined 46 millions your British possessions have increased 40 millions.”

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Clement Attlee 95

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