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" "The Glasgow address ["Idealism in International Politics"] represented a true conception of Tory policy. ... During those black years from 1906 to 1914 he and other members of this party warned the country that the deadly and growing menace of German armaments might involve, unless steps were taken to correct it, the imminent destruction of this country and Empire. How were their warnings treated? Foolish idealists told them there was no menace. ... But while Liberals and Socialists passed resolutions calling for reduction of armaments, the Tories, not so deceived, insisted on the supreme importance of strengthening the Army and the Navy.
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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I have read the Liberal programme. They talk of cooperation between employer and employed. That is not the problem. There is no use in cooperating when there is no work to be done. There is no use in imposing capital levies upon a capital which every year dwindles and disappears. ... The problem that awaits the people of this country is to increase the markets within which their goods can find employment, and you will never increase those markets until you have enabled our working people on equal terms and our manufacturers on equal terms to deal with the working people and manufacturers of the world.
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