Defining his views on collective security, Mr. Chamberlain said:
"I mean the system under which the collective security of a number of States is assured to prevent aggression or, if aggression is undertaken, to stop it and punish the aggrosser.
"Does anybody here," the Prime Minister asked, "believe that the League of Nations, as it is constituted to-day, affords collective security for anybody?
"We must not try to delude ourselves or the small, weak nations into thinking that the League will protect them against aggression."
Mr. Chamberlain said that he would stay in the League because he believed that it could be reconstitute ed and because it had valuable work to do.
"I doubt very much, however," he added, "that the League will ever do its best work as long as its members are nominally bound to impose sanctions or impose force in support of its principles."
Text read from the printed page and cleaned; old type leaves the occasional error.