France and Britain, he said, would never trade their sovereignty for free trade or efficient markets.
"The heart of Europe is Germany and France. And of the two, France is the maypole about which the others dance," Major said with a rueful smile.
As Prime Minister, Major opposed British integration into the Euro and weathered a storm of protest from a faction of his own party.
He said Wednesday night that he still considered himself opposed to a united European currency. The current Prime Minister, Tony Blair, has favored Britain's further integration with the rest of Europe.
Despite the weighty topics, Major's speech was full of dry British wit, which delighted the capacity crowd of nearly 1,000.
Recalling a summit meeting with Boris Yeltsin, Major said he asked the Russian president to describe the state of Russia in one word.
"Good," Yeltsin replied.
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