Over the longer term, the institutions and powers of the EU will continue to expand and certain policymaking powers, heretofore vested in the member states, will be delegated or transferred to, or pooled and shared with EU institutions. As a result, the sovereignty of the member states will increasingly be eroded.
We have the character of an island nation: independent, forthright, passionate in defence of our sovereignty. We can no more change this British sensibility than we can drain the English Channel. And because of this sensibility, we come to the European Union with a frame of mind that is more practical than emotional.
I know that the United Kingdom is sometimes seen as an argumentative and rather strong-minded member of the family of European nations. And it's true that our geography has shaped our psychology. We have the character of an island nation - independent, forthright, passionate in defence of our sovereignty.
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