[O]ne thing is certain, that the Budget of next year will stand at the very centre of our work, by which, I was going to say, we shall stand or fall,… - H. H. Asquith

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[O]ne thing is certain, that the Budget of next year will stand at the very centre of our work, by which, I was going to say, we shall stand or fall, by which certainly we shall be judged in the estimation both of the present and of posterity.

English
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About H. H. Asquith

Herbert Henry Asquith, 1st Earl of Oxford and Asquith, KG, PC (12 September 1852 – 15 February 1928) was Prime Minister of the United Kingdom from 1908 to 1916. As Prime Minister, his Liberal Party government passed social legislation beginning the modern British welfare state and reducing the power of the House of Lords. He was the leader of the country during World War I and formed a wartime coalition with the Conservative Party. He was was forced to resign in favor of David Lloyd George due to disagreements over military strategy and conscription, leading to a split between the two that began the decline of the Liberal Party.

Also Known As

Birth Name: Herbert Henry Asquith
Alternative Names: Herbert Asquith Herbert Henry Asquith, 1st Earl of Oxford and Asquith
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Additional quotes by H. H. Asquith

The socialization or nationalization of production and distribution and the extinction of what is called Capitalism—by whatever name the ideal, and the process for its attainment, is called—would starve the resources, and, in time, drain away the life-blood of the great productive industries which depend for their efficiency on the free play of initiative and enterprise. And Labour is becoming more and more a class organization, an expression and embodiment of what is called “class-consciousness.” That again was significantly illustrated in the general strike, which was directed by organized Labour, and which was countenanced—it is true, in a somewhat shamefaced fashion—by the Parliamentary Labour Party leaders.

Let us realize...that we are fighting as a united Empire in a cause worthy of the highest traditions of our race. ... [L]et us recall the memories of the great men and the great deeds of the past, commemorated, some of them, as you have reminded us, in the monuments which we see around us on these walls, not forgetting the dying message of the younger Pitt, his last public utterance made at the table of your predecessor, my Lord Mayor, in this very hall: “England has saved herself by her exertions and will, as I trust, save Europe by her example.” (Cheers.) England in those days gave a noble answer to his appeal, and did not sheathe the sword until, after nearly twenty years of fighting, the freedom of Europe was secured. Let us go and do likewise. (Cries of “Bravo” and cheers.)

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[F]or us here, 43,000,000 of people in these two small islands, dependent as we are upon extraneous sources of supply for the food of the people and the materials of the industry, the one free, open, untrammelled market in the whole world—for us, I say, free trade is the breath of life, and there is no social reform that would not be dearly purchased by its sacrifice.

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