How do you propose to deal with this twofold problem [of unemployment]? I give exactly the same answer as President Roosevelt gave Congress the other day. I would find work for the workless instead of doles, and I am as convinced as he is that it can be done.

There are many cases where landlords take advantage of the needs of municipalities and even of national needs and of the monopoly which they have got in land in a particular neighbourhood in order to demand extortionate prices. Take the very well-known case of the Duke of Northumberland, when a county council wanted to buy a small plot of land as a site for a school to train the children who in due course would become the men labouring on his property. The rent was quite an insignificant thing; his contribution to the rates I think it was on the basis of 30s. an acre. What did he demand for it for a school? £900 an acre. All we say is this—if it is worth £900, let him pay taxes on £900.

Nothing struck me so much in the war as the disappearance of the individual, of the human being... I saw what the State machine was, that it destroyed the individual, absorbed him to itself, and I said, "Give me Liberty." That is what a complete Socialistic State would mean, once you carried it out. That is why I am a Liberal and not a Socialist. Socialism would enslave labour. For its own benefit, its own advantage, Socialism would in the end enslave labour. Liberalism has made labour free, and it is its business to preserve the freedom of labour.

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The Chinese were highly civilised when the ancient Britons, to whom he belonged, were barbarian. This was an old, enlightened, and vast community of hard-working people, yet they were deprived of rights enjoyed by some of the smallest nations in the world that only a few centuries ago emerged from savagery.

The men who persisted in the Passchendaele assaults could not have known the conditions under which their orders had to be executed. It is an insult to their intelligence, let alone their humanity, to believe otherwise. I have quoted reputable evidence to prove that some of them had no idea of the actual state of the ground which they commanded tanks and troops to cross. Gough knew and passed his knowledge on to Haig. It seems to have made no impression on the latter's obsessed mind. His apologists quote his obduracy as a proof of the sublime courage that disdained obstacles and dangers. The fact that they were obstacles and dangers which had to be faced only by others and not himself would not, I feel sure, weigh with him. Had he been a humble officer he would have faced them without quaking. No one ever cast a doubt on his personal courage. But it demanded a much higher courage to own up that he had been guilty of a grave error of judgment—that the operation he had planned was an impossible one—that, in fact, he had been wrong and the subordinate generals and interfering politicians had been right.

We have had two Baldwin Governments... The mischief they have done not merely remains, but continues to spread. That terrible debt settlement—we are only now beginning to realise what it means. We were lassoed fast to American finance. What is the result? We have been dragged over the course by the wild horses of Wall Street. That gold standard settlement—premature, ill thought out. (A voice.—"No.") My friend there will never go into the new Jerusalem unless he is quite sure the golden gates are there and that the streets are really paved with the gold standard. (Laughter.) It is rather a mockery for our export trade to be kicked down the ladder, even with golden slippers. (Laughter.)

I propose that where private enterprise has been proved to be palpably unable, under present conditions...to solve our national difficulties and fulfil our national needs unaided by the State, the administrative and financial resources of the nation as a whole should be made responsible for setting on foot and supporting those developments in town and country which would bring into fruitful activity our undeveloped resources and opportunities.

Whatever the Government undertake, let them undertake it boldly, like men who believe in it. It is no use doing little things in a big situation. When you have got a big emergency you must have big remedies applied with a great spirit of enterprise, with daring, with all the qualities that have made this country great. If the Government do that, I do not care what Government they are—Liberal, Conservative, Labour, or what not—I am for my country every time, and I stand up for it.

The letter was a complete repudiation of the agreement he <nowiki>[</nowiki>H. H. Asquith<nowiki>]</nowiki> had entered into with me on Sunday and confirmed in writing on Monday. He had reached his decision to go back on his word without giving me an opportunity of further discussion with him. He saw all the critics. He resolutely refused to see me although he had promised to do so. Had I gone back on my word I know the nature of the comment that would have been passed on me by those who worked with frenzy to persuade Mr. Asquith to break faith. How it would have fitted into that legend of distrust which they so assiduously worked up for years, and which seems to be their sole article of unwavering faith!

The mission of Liberalism is to hurry up redress. "Sunshine for your grandchildren" is a bad electoral programme. People want to feel and see the light and warmth before their lives are past, and they mean to have what they want. If Liberalism cannot supply it they will get it from some other party.

Those insolent Germans made me very angry yesterday. I don't know when I have been more angry. Their conduct showed that the old German is still there. Your Brockdorff-Rantzaus will ruin Germany's chances of reconstruction. But the strange thing is that the Americans and ourselves felt more angry than the French and Italians. I asked old Clemenceau why. He said, "Because we are accustomed to their insolence. We have had to bear it for fifty years. It is new to you and therefore it makes you angry".

The time has come for Liberalism to resume the leadership of progress—to lead away the masses from the chimeras of Karl Marx and the nightmares of Lenin, and to carry on the great task to which Gladstone and Bright devoted their noble lives.