Danger of World War has Receded - Says Mr. Churchill.Prime Minister Mr. Winston Churchill speaking at the closing session of the annual conservative Party Conference here. In his speech the Premier made three main points: that "there is a general feeling in the world that on the whole the danger of world war has receded since we(the Conservative Government) became responsible: and that Road Transport and Steel will be denationalized 'before we are a year older.' October 12th 1952.