Free trade had once and for all broken down. Even when comb… - F. E. Smith, 1st Earl of Birkenhead

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Free trade had once and for all broken down. Even when combined with depredation it did not pay; it could not find them the money to pay this year's national bills. The Conservative party had one alternative to a Budget which destroyed capital—the alternative of men who had watched the history of tariffs in Europe and America for 30 years, and learnt the great lesson upon which Bismarck taught his fellow-countrymen.

F. E. Smith, 1st Earl of Birkenhead

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About F. E. Smith, 1st Earl of Birkenhead

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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Native Name: Frederick Edwin Smith, 1. Earl of Birkenhead

Alternative Names: Frederick Edwin Smith • Frederick Edwin Smith Birkenhead

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Additional quotes by F. E. Smith, 1st Earl of Birkenhead

High Court judge presiding in a sodomy case, seeking advice on sentencing: "Could you tell me, what do you think one ought to give a man who allows himself to be buggered?" Smith: "Oh, thirty shillings or two pounds; whatever you happen to have on you."

It appears that we are to reconcile ourselves to the fact that we are to have 1,300,000 unemployed in this country. There are no unemployed in the United States of America, no unemployed at all in France. There are hardly any unemployed in Italy. The United States of America, France, and Italy are protectionist countries. We are a free-trade import country.

Nature has no cure for this sort of madness, though I have known a legacy from a rich relative work wonders.

Free trade had once and for all broken down. Even when combined with depredation it did not pay; it could not find them the money to pay this year's … - F. E. Smith, 1st Earl of Birkenhead

About F. E. Smith, 1st Earl of Birkenhead

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