In our modern world of interdependent nations, hardly any state can wage war successfully without raising loans and buying war materials of every kind in the markets of other nations. – Arthur Henderson
The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis. – Arthur Henderson
Four years of world war, at a cost in human suffering which our minds are mercifully too limited to imagine, led to the very clear realization that international anarchy must be abandoned if civilization was to survive. – Arthur Henderson
On the contrary, the characteristic element of the present situation is that economic questions have finally and irrevocably invaded the domain of public life and politics. – Arthur Henderson