[I]f the occasion should come to assert the authority of England, a democratic Government, resting on the confidence and support of the whole nation,… - Joseph Chamberlain

[What] is the effect of payment for imports by interest on securities? Is it not the effect that such payment does not promote employment of labour, and that, therefore, although the wealth of the country so paid may not be less in aggregate, the national wealth will be worse in the sense that it will tend to cease being a manufacturing and producing nation and will become instead a nation of consumers, chiefly rich men and their dependents?

It will be impossible to secure preferential treatment with the colonies without some duty on corn as well as on other articles on food, because these are the chief articles of colonial produce. Whether this will raise the cost of living is a matter of opinion, and there is no doubt that in many cases a duty of this kind is paid by the exporter, and it really depends on the extent of competition among the exporting countries... But, even if the price of food is raised, the rate of wages will certainly be raised in greater proportion. This has been the case both in the United States and Germany. In the former country the availabile balance left to the working man after he has paid for necessaries is much larger than here. These are facts which we have to bring to the notice of the working men generally.

While our investments abroad may provide a sufficient return to the capitalists...they tend directly to a transfer of employment from this country to our rivals & competitors.