“Is it not apparent that the policy of sanctions involves, I do not say war, but a risk of war? Is it not apparent that that risk must increase in proportion to the effectiveness of the sanctions and also by reason of the incompleteness of the League? Is it not also apparent from what has happened that in the presence of such a risk nations cannot be relied upon to proceed to the last extremity of war unless their vital interests are threatened?”

Speech to the 1900 Club at Grosvenor House, London (10 June 1936) on the Italo-Abyssinian War, quoted in The Times (11 June 1936), p. 10
Chancellor of the Exchequer

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Neville Chamberlain 58
Former Prime Minister of the United Kingdom 1869–1940

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