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" "I mean this, that together with the so-called increase of expenditure there grows up what may be termed a spirit which, insensibly and unconsciously perhaps, but really, affects the spirit of the people, the spirit of parliament, the spirit of the public departments, and perhaps even the spirit of those whose duty it is to submit the estimates to parliament.
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.