We are not in the moral position to enforce disarmament in Europe until we cut down our own expenditure at home... I say, quite frankly, that we must take the same risks for peace as we took for war. You must take some risks. Personally, I do not see where the risks are. I do not see an enemy on the horizon. These enemies do not develop very suddenly. They develop over a whole course of years; but I do not see where the enemy is now.
— DAVID LLOYD GEORGE