Banking is not the creator of our prosperity, but is the creation of it. It is not the cause of our wealth, but is the consequence of our wealth; and… - Joseph Chamberlain
" "Banking is not the creator of our prosperity, but is the creation of it. It is not the cause of our wealth, but is the consequence of our wealth; and if the industrial energy and development which has been going on for so many years in this country were to be hindered or relaxed, then finance, and all that finance means, will follow trade to the countries which are more successful than ourselves.
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About Joseph Chamberlain
Joseph Chamberlain (8 July 1836 – 2 July 1914) was a British statesman who was first a radical Liberal, then a Liberal Unionist after opposing home rule for Ireland, and eventually served as a leading imperialist in coalition with the Conservatives. He split both major British parties in the course of his career. He was the father, by different marriages, of Nobel Peace Prize winner Austen Chamberlain and of Prime Minister Neville Chamberlain.
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Alternative Names:
Joe Chamberlain
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Right Hon. Joseph Chamberlain
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Additional quotes by Joseph Chamberlain
Let us take one rival for comparison. What about Germany? ... [T]heir exports will have increased twice as fast as ours... Well, if that goes on, what is going to happen? We are continously improving our position; they are making more rapid progress. They are already neck and neck. It is perfectly clear that in a very short time they will have passed us; and in regard, at all events, to this test, we shall have fallen from our position in relation to the other nations of the world... I do not come before you to tell you that our prosperity has disappeared. No; but I say that our position is deteriorating, and I say that, unless you do something to prevent it, we shall go the course of all those other nations to which I have referred. (Hear, hear.) We shall fall from the highest place, we shall be lower in the scale of nations, and with that goes all the power and all the influence to which I attach so great a value.
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If foreign nations are determined to pursue distant colonial enterprises we have no right to prevent them. We cannot anticipate them in every case by proclaiming a universal protectorate in every unoccupied portion of the globe's surface which English enterprise has hitherto neglected. But our fellow subjects may rest assured that their liberties, their rights, and their interests are as dear to us as our own; and if ever they are seriously menaced the whole power of the country will be exerted in their defence (cheers), and the English democracy will stand shoulder to shoulder throughout the world to maintain the honour and integrity of the Empire. (Cheers.)
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