My belief is, that a wiser decision than that to which you came—to subject property to direct taxation within certain limits—to remove the prohibitio… - Robert Peel
" "My belief is, that a wiser decision than that to which you came—to subject property to direct taxation within certain limits—to remove the prohibition upon foreign cattle—to permit swine and sheep to be imported—to reduce the duty on corn, on sugar, on lard, on butter, and on cheese—you never made. My belief is that you have been amply repaid for any loss you may have sustained by that reduction; that you have gained the confidence and goodwill of the labouring classes in this country, by parting with that which was thought to be directly for the benefit of the landed interest. It was that confidence in the generosity and justice of Parliament which in no small degree enabled you to pass triumphantly through that storm which convulsed other nations during the year 1848.
About Robert Peel
Sir Robert Peel, 2nd Baronet (5 February 1788 – 2 July 1850) was a British Conservative statesman who served twice as Prime Minister of the United Kingdom (1834–1835 and 1841–1846) simultaneously serving as Chancellor of the Exchequer (1834-1835) and twice as Home Secretary (1822–1827 and 1828–1830). He is regarded as the father of modern English policing, owing to his founding of the Metropolitan Police Service. Peel was one of the founders of the modern Conservative Party.
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Additional quotes by Robert Peel
...if wheat were at this moment subject to a duty of twenty shillings the quarter, and if Indian corn were virtually excluded, next winter would not pass without a convulsion endangering the whole frame of society, without the humiliation of constituted authorities forced to yield after a disgraceful struggle...if their [the Protectionists'] advice had been taken, we should have had famine prices for many articles, and a state of exasperated public feeling and just agitation, which it would require wiser heads than theirs to allay. So far from regretting the expulsion from office, I rejoice in it as the greatest relief from an intolerable burden. To have your own way, and to be for five years the Minister of this country in the House of Commons, is quite enough for any man's strength. He is entitled to his discharge, from length of service. But to have to incur the deepest responsibility, to bear the heaviest toil, to reconcile colleagues with conflicting opinions to a common course of action, to keep together in harmony the Sovereign, the Lords and the Commons; to have to do these things, and to be at the same time the tool of a party—that is to say, to adopt the opinions of men who have not access to your knowledge, and could not profit by it if they had, who spend their time in eating and drinking, and hunting, shooting, gambling, horse-racing, and so forth—would be an odious servitude, to which I will never submit. I determine to keep aloof from party combinations.
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Each town and each country will command the amount of currency which it requires for its own purposes, undisturbed in the slightest degree by consulting its manifest interest, namely, by purchasing that which it wants in the cheapest market. [Derisive cheers.] Yes, by purchasing that which it wants in the cheapest market. You consider this a very low and unworthy principle; that it is a doctrine of the Manchester school; that it is a novel doctrine of some speculative political philosophers, and that it may be safely rejected. But this doctrine of purchasing in the cheapest market is not a doctrine of speculative philosophers only. It is not a doctrine introduced by modern economists. It is, no doubt, a doctrine sanctioned expressly and directly by the authority of Adam Smith. It is the doctrine of Say and of Hume. It is opposed to a doctrine which was fashioned some eighty or ninety years since, of which such writers as Montesquieu and Voltaire were the patrons; but Smith, and Say, and Hume, demonstrated the true principles which ought to regulate the commercial policy of a nation.