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According...to our Individualist and Free Trade friends, Prince Bismarck ought to have come to the conclusion that German industries were from "natur… - F. E. Smith, 1st Earl of Birkenhead
" "According...to our Individualist and Free Trade friends, Prince Bismarck ought to have come to the conclusion that German industries were from "natural causes" unfit as compared to their British rivals; that they could never hope to hold their own in the struggle for existence, and that it would be cheaper to buy in the British market. That great statesman, who was never deceived either by the ideologues of Individualism or the ideologues of Socialism, saw very clearly that though this might be the case for the moment it need not be the case in all perpetuity, but that to give way for the moment was to give way for ever. English goods might beat German goods for the given year, but granted a tariff and the encouragement of State-aid, German goods might be beating British in under a quarter of a century. The static comparison was against the German Empire, but the dynamic impulse given to German industry by the tariff of 1878 has carried her right to the front, and the result of the policy has been of enormous profit to the German exchequer.
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About F. E. Smith, 1st Earl of Birkenhead
Frederick Edwin Smith, 1st Earl of Birkenhead, GCSI, PC (12 July 1872 – 30 September 1930) was a British Conservative statesman and lawyer of the early 20th century. He was a skilled orator, noted for his staunch opposition to Irish nationalism, his wit, pugnacious views, and hard living and drinking. He is perhaps best remembered today as Winston Churchill's greatest personal and political friend until Smith's untimely death at age 58.
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Frederick Edwin Smith, 1. Earl of Birkenhead
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Frederick Edwin Smith
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Frederick Edwin Smith Birkenhead
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Additional quotes by F. E. Smith, 1st Earl of Birkenhead
Abuse of Germany for doing what we ourselves did, and for cherishing ambitions which every powerful nation at every stage of the world's history has entertained, is childish, irrelevant, and futile. History laughs at such criticisms. Lord Roberts made no such mistake. With penetrating instinct he stated his admiration of German temper and German discipline. Every virile citizen of any nationality, and, indeed, every person whose judgment is not debauched by a sentimentalism wholly out of contact with facts, will echo Lord Roberts' tribute. Abuse, disapproval, and pious exhortations are all utterly useless. Only one thing is useful. This country, if it means to survive, must develop its preparations upon the same scale and in the same spirit as does the great nation whose ambitions and development we are examining.
Nobody disputed that in the year 1914 it was evident to everyone that the country would have to struggle for its life. Knowing that, Mr. MacDonald stated that the war had been deliberately engineered by the fighting forces of this country in order to obtain battle-practice for our fleet. ... The people of this country had now the chance of deciding whether they wished to see this ancient country presided over and governed by a man who, had he had his way, would have ruined and destroyed us in the war; and he knew what their answer was going to be. They were going to say to him, “Dress yourself in your red flag or your yellow flag; go and attend your board meetings in the McVitie Company. We do not believe you for this reason—that every speech you make contains some piece of shifty, tricky inventiveness which we have never been used to from the Prime Minister of England.”
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Free trade had once and for all broken down. Even when combined with depredation it did not pay; it could not find them the money to pay this year's national bills. The Conservative party had one alternative to a Budget which destroyed capital—the alternative of men who had watched the history of tariffs in Europe and America for 30 years, and learnt the great lesson upon which Bismarck taught his fellow-countrymen.
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