I am not going to bind myself to the cart-tail of a lot of capitalists. It may be unpleasant to take the money of one plutocrat in exchange for an ho… - David Lloyd George

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.

Lenin was not concerned about democratic government. His main purpose was the social and economic emancipation of the worker under any form of government that would be most suited to achieve that end. The Bolsheviks were numerically a small party, drawn almost entirely from amongst the town workers, and their grip on power was not based on any principle of majority rule, gauged by the counting of heads, but on the right of the strongest, measured in terms of firm will, dear purpose and armed force. The peasants acquiesced with the patient docility of a people accustomed for generations to autocratic rule.

The action of the Government which had had the most disastrous effect on British trade was their premature and precipitate restoration of the gold standard before our credit was ripe for that departure. It had made sterling dearer and thus artificially put up the price of British goods in the neutral markets, where we were already competing on very narrow margins with our trade rivals. At this very hour coalowners and miners had been driven to the brink of a yawning chasm of strife, largely through this deed of egregious recklessness by the Chancellor of the Exchequer.