...it is a revolution without any mandate from the people. (Cheers.) Now, gentlemen, it is in the first place a revolution in fiscal methods...this B… - Archibald Primrose, 5th Earl of Rosebery

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...it is a revolution without any mandate from the people. (Cheers.) Now, gentlemen, it is in the first place a revolution in fiscal methods...this Budget is introduced as a Liberal measure. If so, all I can say is that it is a new Liberalism and not the one that I have known and practised under more illustrious auspices than these. (Cheers.) Who was the greatest, not merely the greatest Liberal, but the greatest financier that this country has ever known? (A voice, "Gladstone.") I mean Mr. Gladstone. (Cheers.) With Sir Robert Peel—he, I think, occupied a position even higher than Sir Robert Peel—for boldness of imagination and scope of financing Mr. Gladstone ranks as the great financial authority of our time. (Cheers.) Now, we have in the Cabinet at this moment several colleagues, several ex-colleagues of mine, who served in the Cabinet with Mr. Gladstone...and I ask them, without a moment's fear or hesitation as to the answer that would follow if they gave it from their conscience, with what feelings would they approach Mr. Gladstone, were he Prime Minister and still living, with such a Budget as this? Mr. Gladstone would be 100 in December if he were alive; but, centenarian as he would be, I venture to say that he would make short work of the deputation of the Cabinet that waited on him with the measure, and they would soon find themselves on the stairs and not in the room. (Laughter and cheers.) In his eyes, and in my eyes, too, as a humble disciple, Liberalism and Liberty were cognate terms. They were twin-sisters. How does the Budget stand the test of Liberalism so understood and of Liberty as we have always comprehended it? This Budget seems to establish an inquisition, unknown previously in Great Britain, and a tyranny, I venture to say, unknown to mankind...I think my friends are moving on the path that leads to Socialism. How far they are advanced on that path I will not say, but on that path I, at any rate, cannot follow them an inch. (Loud cheers.) Any form of protection is an evil, but Socialism is the end of all, the negation of faith, of family, of prosperity, of the monarchy, of Empire. (Loud cheers.)

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About Archibald Primrose, 5th Earl of Rosebery

Archibald Primrose, 5th Earl of Rosebery (7 May 1847 – 21 May 1929) was a British Liberal statesman and Prime Minister, also known as Archibald Primrose (1847–1851) and Lord Dalmeny (1851–1868).

Also Known As

Alternative Names: Archibald Philip Primrose fifth earl of Rosebery first earl of Midlothian 5th Earl of Rosebery Earl Midlothian Lord Dalmeny Archibald Philip Primrose, Earl of Rosebery Archibald

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For it was not a union such as bound torn Poland to Russia, or uncrowned Venice to Austria. Such unions may enlarge a frontier; they do not create a nation. It added to both nations concerned power, wealth, and honour; it cost no drop of blood, no shadow of shame. As regarded Scotland, it was like nothing so much as a poor man marrying an heiress: mortifying to pride at first; irksome perhaps occasionally; in the long run harmonious because founded on interest; eventually it may be moulded into love by the beauty of its offspring.

The old Liberal party is drawing to its end. These last two elections, particularly the last, are the Mene Mene Tekel Upharsen of the Liberal banquet. The socialist does not indeed get a majority but while the two old parties are cutting each other's throats, he slips in and will continue to slip in and the encouragement to his party is great. The Liberal party will lose their industrial seats, while the Conservative party, the natural refuge in time of trouble, creams off all who will accept protection.

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Now, what is the policy? It is, so far as we know, to interfere with the established fiscal policy of this country in order to promote the union of the Empire—that is to say, it is to affect gravely, if not to sap, the foundations of the edifice in order to promote the stability of the structure. (Laughter and cheers)...Had free trade failed us in the 57 years of experience we have had of it, had we found ourselves with a shrinking trade, a diminished revenue, a population on the verge of poverty, we should long ago have reviewed the whole system of free trade and reconsidered it. But we find ourselves, so far as all statistics can give us a clue, at a pinnacle of wealth such as no nation of the size has ever reached in the history of the world...The Empire is built up on free trade...your Empire is founded on the condition, and it could not have existed until now except on that condition, that every self-governing part of it shall have the right to work out its own prosperity by its own methods. I do not know why it should enter the heads of any statesman to deny that liberty to the United Kingdom.

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