Dumping is the exporting to this country of goods from a foreign land under the cost—beneath the price at which they are sold in their own country. T… - David Lloyd George

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Dumping is the exporting to this country of goods from a foreign land under the cost—beneath the price at which they are sold in their own country. There could be only one object in doing that, and that is to make war upon a particular industry in our country. That is unfair. ... In the interests of fairness, as well as in the interests of British industry as a whole, the Government have decided to submit to Parliament proposals which will effectively deal with dumping in the sense in which I have defined it.

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About David Lloyd George

David Lloyd George (17 January 1863 – 26 March 1945) was a British politician, who served as Prime Minister of the United Kingdom from 1916 to 1922.

Also Known As

Alternative Names: David Lloyd George, 1st Earl Lloyd-George of Dwyfor George David Lloyd George Lloyd Earl Lloyd-George Lord Lloyd-George
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Additional quotes by David Lloyd George

I have always said we will exact the last penny we can out of Germany up to the limit of her capacity, but I am not going to mislead the public on the question of the capacity until I know more about it, and I am not going to do it in order to win votes. It is not right; it is not fair; it is not straightforward; and it is not honest. If Germany has a greater capacity, she must pay to the very last penny.

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I don't know exactly what I am, but I'm sure I'm not a Liberal. They have no sympathy with the people... All down History, nine-tenths of mankind have been grinding the corn for the remaining one-tenth, been paid with the husks and bidden to thank God they had the husks... As long as I was settling disputes with their workmen, which they had not got enough sense to settle themselves, these great Business Men said I was the greatest Board of Trade President of modern times. When I tried to do something for the social welfare of their workmen, they denounced me as a Welsh thief.

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