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" "The operations of commerce are not confined to the material ends; that there is no more powerful agent in consolidating and in knitting together the amity of nations; and that the great moral purpose of the repression of human passions, and those lusts and appetites which are the great cause of war, is in direct relation with the understanding and application of the science which you desire to propagate.
William Ewart Gladstone (29 December 1809 – 19 May 1898) was a British Liberal politician and Prime Minister (1868–1874, 1880–1885, 1886 and 1892–1894). He was a notable political reformer, known for his populist speeches, and was for many years the main political rival of Benjamin Disraeli.
Biography information from Wikiquote
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Sir, there are three principles, greater than all others, on which, in my opinion, all good finance should be based. The first of them is that there should always be a certainty that whatever the charge may be it can be paid. That, I believe, is of vital importance. The second is that, in times of peace and prosperity, the people of the country should reduce their Debt; and the third point is that they should reduce their Expenditure.
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I agree with you that a grave calamity overhangs the Liberal party in connection with the plan which I described to you in two peculiar monosyllabic epithets [mad and drunk]... Liberalism cannot put on the garb of Jingoism without suffering for it... [For sixty years my life has been] a constant effort to do all I could for economy & for peace; not the peace of this country only but of the world... it is not now economy but peace which supplies the key note of the situation... If the thing is to be done at all let it be done by those who think it right.