The phrase "peace for our time" was spoken on 30 September 1938 by British Prime Minister Neville Chamberlain in his speech concerning the Munich Agreement and the Anglo-German Declaration. The phrase echoed Benjamin Disraeli, who upon returning from the Congress of Berlin in 1878 stated "I have returned from Germany with peace in our time." It is primarily remembered for its ironic value, as the German occupation of the Sudetenland began on the following day. Less than a year after the agreement, following continued aggression from Germany and its invasion of Poland, Europe was plunged into World War II.
It is often misquoted as "peace in our time", which had appeared long before in The Book of Common Prayer as "Give peace in our time, O Lord", probably based on the 7th-century hymn 'Da pacem Domine! in diebus nostris, Alleluja'. It is unknown how deliberate Chamberlain's use of such a similar term was, but anyone of his background would be familiar with the original.
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