There can be no security until the Great Powers have agreed to settle their disputes, which have hitherto led to war, by conciliation and arbitration. This was the policy which the Labour Party was working up to in 1924, and which it will pursue again when it is in office.

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Quote text and notes from Wikiquote: Ramsay MacDonald (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.