I am in favour of arbitration—I see nothing else for the world. If we cannot devise a proper system of arbitration, then do not let us fool ourselves that we are going to have peace. Let us go back to the past, let us go back to competitive armaments, let us go back to that false, whited sepulchre of security and of military pacts—there is nothing else for us—and let us prepare for the next war, because that is inevitable.
— RAMSAY MACDONALD