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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.
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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Now, everybody was a "pro-Boer" who did not agree to everything Mr. Chamberlain did, and who said "Here is a people fighting gallantly for the independence of their own country; for goodness sake do not attribute every sort of evil to them while you are fighting them; when you have got them down, treat them with the respect and honour that such a people ought to receive—a people who, though they may be mistaken and entirely wrong, are conscientiously fighting for the independence of their own land." For taking this view he was called a pro-Boer. That again was a gross slander and falsehood, and that newspapers and politicians should stoop to a mean artifice of that kind was a scandal and a disgrace to the political life of to-day.
[W]ith an increasing military expenditure, how can we do the work of reform that remains to be done at home and at the same time bring relief to the taxpayers? Do not let us mind if in their folly they call us “Little Englanders.” (Cheers.) I at least am patriot enough not to desire to see the weakening of my country by such a waste of money as we have had for the last ten years. What has it brought us, this waste of money for ten years? Shall I recite some links in the dismal and ugly chain? Dear money. Lower credit. Less enterprise in business and manufactures. A reduced home demand. Therefore, reduced output to meet it. Therefore, reductions in wages, increase of pauperism, non-employment. (Cheers.) The fact is, Sir, you cannot pile up debt and taxation as they have been piled up without feeling the strain in every fibre of society. We are going to have a good deal said for the next few weeks about free trade. Let me add another thing. Did you ever hear a fiscal reformer pleading for economy, or crying out for lighter taxes and fewer of them? No, Sir, if peace and retrenchment were the order of the day, Othello's occupation would be gone. (Cheers.)
I declare in the strongest terms that I am, above all things, a loyal son of the House of Commons, and that I place before all interests, even the interest of the great historic party to which I am proud to belong, the maintenance and the advancement of the name and fame and power of the great Assembly to which we all belong.