Even a famous speech, the Rectorial Address to Glasgow University on 7 November 1923, in which Birkenhead told undergraduates that the world still offered "glittering prizes" to those with "stout hearts and sharp swords", now seemed out of kilter with the less aggressive and more self-consciously moral style of politics advocated by the new generation of Conservative politicians such as Stanley Baldwin and Edward Wood, the future Lord Halifax. Birkenhead regarded the League of Nations as idealistic nonsense, and thought that international relations should be guided by “self-interest”, lest Britain decline like Imperial Spain. Rather, he believed that the power of nations would still be determined by their military strength.