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" "Mine is "Common-sense Imperialism." I should be much surprised if it were not found that I belong to the largest congregation of all who worship at that shrine. We have in this country an overflowing population, and we are bound to find for their industrial energy ever fresh and fresh fields and outlets. We, therefore, cannot do a work more patriotic and more conducive to the happiness of our own people at home than by developing the resources of the Empire, by securing our trade rights, and by cultivating close, cordial and active relations with all the members of the British family scattered throughout the world. There is ample room here for all our activity, and for my part I grudge to see any of that activity diverted to the acquisition—sometimes it may be inevitable—to the acquisition of new dominions which may bring us glory, but which very often is rather a burden than a source of advantage for many years.
Sir Henry Campbell-Bannerman GCB (September 7, 1836 – April 22, 1908) was a British Liberal statesman who served as Prime Minister from December 5, 1905 until resigning due to ill health on April 3, 1908. No previous First Lord of the Treasury had been officially called "Prime Minister"; this term only came into official usage after he took office. In the 1906 general election he led the Liberal Party to their biggest ever majority.
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I know that I possess the sympathy and the goodwill of the working-classes of the Burghs. I say I know it. Not that I hope for it—I say I have it. And there has been nothing that has occurred during the last six months which has belied that conviction. Wherever I have gone I have been received with the greatest kindness and hearty goodwill, and in every part of the constituency the general public have crowned me with honours which I have done nothing to deserve. All that I want from you is to afford me the opportunity of deserving this honour. Entrust your Parliamentary interests to me. I promise to devote myself to your service and to show by my conduct that I reciprocate the great sympathy, kindness, and confidence which you have placed in me.
Why are we free-traders? ... We are satisfied that it is right because it gives the freest play to individual energy and initiative and character and the largest liberty both to producer and consumer. We say that trade is injured when it is not allowed to follow its natural course, and when it is either hampered or diverted by artificial obstacles. ... We believe in free trade because we believe in the capacity of our countrymen. That at least is why I oppose protection root and branch, veiled and unveiled, one-sided or reciprocal. I oppose it in any form. Besides we have experience of fifty years, during which our prosperity has become the envy of the world.
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For ten years they [the Conservative Party] have been supported by an immense majority in the House of Commons. ... The period over which we are looking back presents itself to me, I confess, as a well-nigh unbroken expanse of mismanagement; of legislation conducted for the benefit of privileged classes and powerful interests; of wars and adventures abroad hastily embarked upon and recklessly pursued. The legacy which they have bequeathed to their successors...is in the main a legacy of embarrassment, an accumulation of public mischief appalling in its extent and ramifications.