should anybody make a great fortune out of the war? While everybody has been serving the country, profiteers and contractors & shipping speculators have gained fortunes of a gigantic character. Why shd we be bound to bear the unpopularity of defending old Runciman's ill-gotten gains? I wd reclaim everything above £10,000 (to let the small fry off) in reduction of the War Debt." - Meaning and context.">
Letter to David Lloyd George (21 November 1918), quoted in Paul Addison, Churchill On The Home Front, 1900–1955 (1992), p. 197

Why should anybody make a great fortune out of the war? While everybody has been serving the country, profiteers and contractors & shipping speculators have gained fortunes of a gigantic character. Why shd we be bound to bear the unpopularity of defending old Runciman's ill-gotten gains? I wd reclaim everything above £10,000 (to let the small fry off) in reduction of the War Debt.

— Winston Churchill

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Why should anybody make a great fortune out of the war? While everybody has been serving the country, profiteers and contractors & shipping speculators have gained fortunes of a gigantic character. Why shd we be bound to bear the unpopularity of defending old Runciman's ill-gotten gains? I wd reclaim everything above £10,000 (to let the small fry off) in reduction of the War Debt." in the context of "Letter to David Lloyd George (21 November 1918), quoted in Paul Addison, Churchill On The Home Front, 1900–1955 (1992), p. 197" to mean that wisdom is timeless.

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Source: Wikiquote: "Winston Churchill" (Quotes, Early career (1897–1929)) The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app
Winston Churchill

About Winston Churchill

Sir Winston Leonard Spencer Churchill KG OM CH TD FRS PC (November 30, 1874 – January 24, 1965) was a British statesman who served as Prime Minister of the United Kingdom from 1940 to 1945, during the Second World War, and again from 1951 to 1955. Churchill was a Sandhurst-educated soldier, a Nobel Prize-winning writer and historian, a prolific painter, and one of the longest-serving politicians in British history. Apart from two years between 1922 and 1924, he was a Member of Parliament (MP) from 1900 to 1964 and represented a total of five constituencies. Ideologically an economic liberal and imperialist, he was for most of his career a member of the Conservative Party, which he led from 1940 to 1955, though he was a member of the Liberal Party from 1904 to 1924.