Upon their casting vote depends the question whether Britain is to continue its honourable career as a pioneer in the path of human progress which, on the whole, it has pursued so nobly for generations, or whether it is in one leap to spring backward over 80 years and place itself on a level with the protectionist countries of the Continent of Europe, with their low wages, taxed food, fettered industries, and policy of international antagonisms, which interfere with prosperity and imperil the peace of the world. ... Free trade is at issue. ... I appeal fervently to Liberals not to walk straight into this booby trap set for them by the protectionists merely because it is decorated by the Union Jack.
David Lloyd GeorgeRelated topics
booby continent continue food free human international jack leap low path peace pioneer place prosperity protectionist question set spring straight trade trap wages walk years BritainRelated quotes
I hold that the growth of armaments is a great danger to the peace of the world. A policy of huge armaments keeps alive and stimulates and feeds the belief that force is the best, if not the only, solution of international differences. It is a policy that tends to inflame old sores and to create new sores. And I submit to you that as the principles of peaceful arbitration gains ground it becomes one of the highest tasks of a statesman to adjust those armaments to the newer and happier condition of things. (Cheers.) What nobler role could this great country assume than at the fitting moment to place itself at the head of a league of peace, through whose instrumentality this great work could be effected? (Cheers.)
Henry Campbell-Bannerman
The central idea is that government fiscal policy, its spending and taxing, its borrowing and repayment of loans, its issue of new money and withdrawal of money, shall be undertaken with an eye only to the results of these actions on the economy and not to any established traditional doctrine what is sound and what is unsound ...Government should adjust its rates of expenditure and taxation such that total spending is neither more or less than that which is sufficient to purchase the full employment level of output at current prices. If this means there is deficit, greater borrowing, "printing money," etc., then these things in themselves are neither good or bad, they are simply the means to the desired ends of full employment and price stability.
Abba Lerner
America should have minded her own business and stayed out of the World War. If you hadn't entered the war the Allies would have made peace with Germany in the Spring of 1917. Had we made peace then there would have been no collapse in Russia followed by Communism, no breakdown in Italy followed by Fascism, and Germany would not have signed the Versailles Treaty, which has enthroned Nazism in Germany. If America had stayed out of the war, all these 'isms' wouldn't today be sweeping the continent of Europe and breaking down parliamentary government - and if England had made peace early in 1917, it would have saved over one million British, French, American, and other lives.
Winston Churchill
It seems beyond doubt that the tariff policy pursued during the last half century has not raised the standard of living of the labouring classes. It is doubtful if agricultural duties increase the relative scarcity of manual labour compared with other factors, and they certainly raise the cost of living for the working classes. It is, however, true that manufacturing duties tend to depress the rent of farm land... It is on the whole not at all unlikely that the sum total of rent is reduced in countries with high manufacturing duties... In most countries, however, the sum of rents is small compared with the sum of wages to manual workers. Even a substantial reduction of the former brings only a slight increase in the latter.
Bertil Ohlin
We have been the recipients of the choicest bounties of Heaven. We have been preserved, these many years, in peace and prosperity. We have grown in numbers, wealth and power, as no other nation has ever grown. But we have forgotten God. We have forgotten the gracious hand which preserved us in peace, and multiplied and enriched and strengthened us and we have vainly imagined, in the deceitfulness of our hearts, that all these blessings were produced by some superior wisdom and virtue of our own, intoxicated with unbroken success, we have become too self-sufficient to feel the necessity of redeeming and preserving grace, too proud to pray to the God that made us.
Abraham Lincoln