I am not slow to claim the name of Scotchman, and undoubtedly, even if I were slow to claim it, there is the fact staring me in the face that not a d… - William Ewart Gladstone

Do not let us conceal from ourselves that this country is almost at the present time the solitary citadel of free trade. ... I confidently anticipate...that these doctrines of free trade will in the long run be found to mean nothing in the world except that each man and each country shall turn to the best account, without artificial interference or interruption, the powers and the gifts which God has given them. This is the sum and substance, the Alpha and the Omega, of our creed.

[T]he House of Lords...had inflicted a deadly mutilation on the Parish Councils Bill, they (having also refused our measure on employers' liability) had placed themselves in sharp conflict with public opinion on great subjects. ... I was at Biarritz when this happened in January or February 1894. I suggested dissolution to my colleagues in London. ... But...I was compelled to let the matter drop. ... Thus there was let slip an opportunity in my opinion nothing less than splendid for raising decisively an issue of vital importance to popular government: an opportunity which if rightly used would have given the Liberal party a decisive preponderance for the full term of one or probably two Parliaments, quite apart from the vast public advantages within reach. The great controversy between Lords and Commons, terrible in 1831–32, formidable in 1860–1, happily averted with the Queen's wise aid in 1884...would have reached a practical settlement: and the yet graver controversy...of seven hundred years with Ireland would have come nearer to a complete settlement by a measure of Home Rule.

Liberalism is trust of the people tempered by prudence. Conservatism is distrust of the people tempered by fear.