Finance ministers

496 quotes found

"The European War, which began in 1914, is now generally recognized to have been a war between two rival empires, an old one and a new, the new becoming such a successful rival of the old, commercially and militarily, that the world-stage was, or was thought to be, not large enough for both. Germany spoke frankly of her need for expansion, and for new fields of enterprise for her surplus population. England, who likes to fight under a high-sounding title, got her opportunity in the invasion of Belgium. She was entering the war 'in defense of the freedom of small nationalities'. America at first looked on, but she accepted the motive in good faith, and she ultimately joined in as the champion of the weak against the strong. She concentrated attention upon the principle of self-determination and the reign of law based upon the consent of the governed. "Shall", asked President Wilson, "the military power of any small nation, or group of nations, be suffered to determine the fortunes of peoples over whom they have no right to rule except the right of force?" But the most flagrant instance of violation of this principle did not seem to strike the imagination of President Wilson, and he led the American nation- peopled so largely by Irish men and women who had fled from British oppression- into the battle and to the side of the nation that for hundreds of years had determined the fortunes of the Irish people against their wish, and had ruled them, and was still ruling them, by no other right than the right of force."

- Michael Collins (Irish leader)

0 likesIrish nationalistsPoliticians from IrelandFinance ministersInterior ministersMilitary leaders of Ireland
"De Valera paused before replying to the suggestion. It had been his Karma to live a long and distinguished public life. Although he was then in his eighty-fifth year he was looking forward to a second seven-year term as President of Ireland. But he knew that before the bar of history his name and fame were inextricably linked with a man whose allotted span had been destined to be but a third of his own. He knew that the story of Eamon de Valera could not be told without that of Michael Collins. Already he had embarked on what he knew in his heart was a futile effort to influence the record for the benefit of posterity. His newspaper and political empires had published innumerable favourable articles, histories and recollections. And in the years ahead he planned to ensure that much more favourable comment and chronology would be collated and set down. He had fashioned a vigorous dialectic of de Valerism that would bulwark him against critical re-appraisal long into the future. But de Valera was a realist, a man whose doodlings on the back of documents took the form of mathematical symbols. He realised only too well that his party, his newspapers, his Constitution even, had grown out of his opposition to Michael Collins and the resultant civil war. He knew that eventually, in the truthful telling of history, two and two would make four. Torn between his own clarity of vision and the myths he had spun around himself, de Valera struggled painfully for words to express himself. Then he said, 'I can't see my way to becoming Patron of the Michael Collins Foundation. It's my considered opinion that in the fullness of time history will record the greatness of Collins and it will be recorded at my expense.' He could be right."

- Michael Collins (Irish leader)

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"As Collins was only thirty-one at the time of his death, there has been much debate about whether he would have matured int a major statesman if he had lived, or whether he would have become a military dictator. He had shown considerable impatience with politicians and negotiations, often telling friends that he had little aptitude for politics. He did have definite administrative talents and great gifts of communication. He had demonstrated no desire to establish a military dictatorship. Collins had little consciousness of any need for wide-ranging social and economic change, despite being a severe critic of some aspects of Irish society. Major parts of his speeches were taken up with a simple articulation of Gaelic revivalism. Although they were genuinely alarmed about the possible consequences of Collins' death, British politicians and civil servants were to be relieved that they no longer had to deal with what Sir Samuel Hoare described as Collins' 'film-star attitudinising'. They were to contrast Cosgrave's straightforwardness and reliability with Collins' stridency. Anglo-Irish relations were to improve under Cosgrave and O'Higgins. The Northern government had every reason to be grateful for Collins' death. Collins could, perhaps, have helped to heal wounds within the Twenty-Six Counties- many believed that he would not have allowed an executions policy. He might well, however, have increased tensions between North and South in the post-war period. Meanwhile, for many old volunteers in the army the loss of their leader meant that their position appeared to be threatened, and it increased their fears that the old republican ideals were to be ignored."

- Michael Collins (Irish leader)

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"What the finance minister has done is give petty, and usually corrupt, officials the right to march into your home or mine and take it over if according to his assessment, we haven’t paid enough taxes….we never before had a Finance Minister who believes he has the fundamental right to trample upon our rights in the name of tax collection. The most they did in the past was ‘raid’ those they suspected of evading taxes. A barbaric enough practice in a country that fancies itself as civilised, but baby stuff compared to what Chidambaram now orders his goons to do….the Finance Minister has also decided that tax inspectors will be held responsible if they fail to ‘attach’ in advance the property of a possible defaulter. Draconian is too mild a word for what the Finance Minister is up to, but we must remember that this is the man who once gave us TADA and the Defamation Bill. There are other reasons to fight for our right to property, and they concern the poorest of the poor. Because Indians do not have the right to own property, policemen and municipal officials routinely confiscate and destroy property belonging to pavement hawkers, rickshawallahs and streetchildren. These are people who constitute what our politicians like to call the ‘weakest sections’ of the society, so let us have no qualms in acknowledging that the Prime Minister’s move to introduce reservations for ‘weaker sections’ in private companies is for political and not compassionate reasons. Had any Prime Minister one ounce of compassion for the ‘weaker sections’, he would have arrested officials and policemen who steal from pavement hawkers and rickshawallahs….Meanwhile, I have a proposition for P Chidambaram. If he insists on going ahead with the mad idea, then let us begin in Parliament. Let every Member of Parliament’s declaration of assets be scrutinised not just by the Finance Ministry’s unreliable policemen but us. Let us find out how men who began their career in politics with a few hundred rupees to their name became owners of lakhs and crores worth of assets. I am willing to bet that men who have declared themselves worth only a couple of lakhs will be wearing watches that cost more than that. Let us set up a citizen’s tribunal before which the MPs can appear and have their assets publicly scrutinised. Let us ask them the sort of questions tax inspectors ask when they barge into people’s homes: How much is that shawl, that pair of shoes, that bangle for? Who paid for these things? Where are the bills? Can you prove they were heirlooms? If not, we hereby attach your property. If our elected representatives are prepared to go through with this kind of exercise and if our ministers and wives also come forward to explain how they acquired their crores worth of assets, then it would be fair for the Finance Minister to go ahead with the draconian new measures. Otherwise, it is time he woke up to the reality that India is no longer an economic dictatorship, and can never be. All he will achieve through his madcap schemes is to widen the roads of corruption. The only people who must be thrilled by his new measures are the tax inspectors. Does P Chidambaram not understand this?"

- P. Chidambaram

0 likesIndian National Congress politiciansMinisters of Home Affairs (India)Ministers of Law and Justice (India)Finance ministersHindus from India
"Yet, alongside Western weaknesses, there were also serious problems for the Soviet system, while the American position was less bleak, in both absolute and relative terms, than the successive electoral defeats of presidents Gerald Ford and Jimmy Carter in presidential elections in 1976 and 1980 might suggest. Moreover, the failure of the Communists to benefit substantially from the changes in Portugal, Spain and Greece was matched by Communist weakness elsewhere in Western Europe. Valéry Giscard d’Estaing, French President from 1974 to 1981, and Helmut Schmidt, German Chancellor from 1974 to 1982, combined to act as a very strong stabilising force and to relaunch the EEC project. Within the Socialist International, the so-called Socialist Triangle of Willy Brandt, Olof Palme, Swedish Prime Minister, and Bruno Kreisky, Austrian Chancellor, was dominant. In Italy, the Communist Party, the most powerful in Western Europe, adopted a ‘Euro-Communism’ that was opposed to Soviet direction. Enrico Berlinguer, who became Party Secretary in 1973, a key figure, was committed to the existing democratic system and pursued what was termed the ‘historic compromise’ with the established Christian Democrat-dominated political system. A pact was negotiated in 1976, with the Communist Party agreeing not to try to overthrow the Christian Democratic government. Euro-Communism was a term coined in 1975 by Western European Communist leaders keen to demonstrate their democratic credentials. More generally in Western Europe, the declining position of heavy industries was a challenge to the trade unions that were central to left-wing political parties, and notably to the Communists."

- Valéry Giscard d'Estaing

0 likesPresidents of FranceFinance ministersAnti-communistsAcademics from FranceCatholics from France
"There was a plea from honourable Members relating to the need for formal Gross National Product figures. Such figures are very inexact even in the most sophisticated countries I think they do not have a great deal of meaning, even as a basis of comparison between economies. That other countries make use of them is not, I think, necessarily a good reason to suppose that we need them. But, although I am not entirely clear what practical purpose they would serve in Hong Kong, I am sure they would be of interest. I suspect myself, however, that the need arises in other countries because high taxation and more or less detailed Government intervention in the economy have made it essential to be able to judge (or to hope to be able to judge) the effect of policies, and of changes in policies, on the economy. One of the honourable Members who spoke on this subject, said outright, as a confirmed planner, that he thought that they were desirable for the planning of our future economic policy. But we are in the happy position, happier at least for the Financial Secretary where the leverage exercised by Government on the economy is so small that it is not necessary, nor even of any particular value, to have these figures available for the formulation of policy. We might indeed be right to be apprehensive lest the availability of such figures might lead, by a reversal of cause and effect, to policies designed to have a direct effect on the economy. I would myself deplore this."

- John James Cowperthwaite

0 likesPoliticians from ScotlandFinance ministersColonial governorsPoliticians from Hong KongPeople from Edinburgh
"From the very beginning of hostilities, came into conflict the two ideas which for fifty months were to struggle for the dominion of the world - the idea of sovereign force, which accepts neither control nor check, and the idea of justice, which depends on the sword only to prevent or repress the abuse of strength...the war gradually attained the fullness of its first significance, and became, in the fullest sense of the term, a crusade of humanity for Right; and if anything can console us in part at least, for the losses we have suffered, it is assuredly the thought that our victory is also the victory of Right. This victory is complete, for the enemy only asked for the armistice to escape from an irretrievable military disaster...And in the light of those truths you intend to accomplish your mission. You will, therefore, seek nothing but justice, "justice that has no favourites," justice in territorial problems, justice in financial problems, justice in economic problems. But justice is not inert, it does not submit to injustice. What it demands first, when it has been violated, are restitution and reparation for the peoples and individuals who have been despoiled or maltreated. In formulating this lawful claim, it obeys neither hatred nor an instinctive or thoughtless desire for reprisals. It pursues a twofold object - to render to each his due, and not to encourage crime through leaving it unpunished."

- Raymond Poincaré

0 likesPoliticians from FrancePresidents of FrancePrime Ministers of FranceMinisters of Foreign Affairs (France)Finance ministers
"Poincaré, the strongest figure who succeeded Clemenceau, attempted to make an independent Rhineland under the patronage and control of France. This had no chance of success. He did not hesitate to try to enforce reparations on Germany by the invasion of the Ruhr. This certainly imposed compliance with the Treaties on Germany; but it was severely condemned by British and American opinion. As a result of the general financial and political disorganisation of Germany, together with reparation payments during the years 1919 to 1923, the mark rapidly collapsed. The rage aroused in Germany by the French occupation of the Ruhr led to a vast, reckless printing of paper notes with the deliberate object of destroying the whole basis of the currency. In the final stages of the inflation the mark stood at forty-three million millions to the pound sterling. The social and economic consequences of this inflation were deadly and far-reaching. The savings of the middle classes were wiped out, and a natural following was thus provided for the banners of National Socialism. The whole structure of German industry was distorted by the growth of mushroom trusts. The entire working capital of the country disappeared. The internal national debt and the debt of industry in the form of fixed capital charges and mortgages were, of course, simultaneously liquidated or repudiated. But this was no compensation for the loss of working capital. All led directly to the large-scale borrowings of a bankrupt nation abroad which were the feature of ensuing years. German sufferings and bitterness marched forward together – as they do today... ...A rift opened between Lloyd George and Poincaré, whose bristling personality hampered his firm and far-sighted policies."

- Raymond Poincaré

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"The fact that he was a Lorrainer, born and brought up in sight of the German eagle waving over the ravished provinces of France, bred in him an implacable enmity for Germany and all Germans. Anti-clericalism was with him a conviction; anti-Germanism was a passion. That gave him a special hold on France that had been ravaged by the German legions in the Great War. It was a disaster to France and to Europe. Where a statesman was needed who realised that if it is to be wisely exploited victory must be utilised with clemency and restraint, Poincaré made it impossible for any French Prime Minister to exert these qualities. He would not tolerate any compromise, concession or conciliation. He was bent on keeping Germany down. He was more responsible than any other man for the refusal of France to implement the disarmament provisions of the Treaty of Versailles. He stimulated and subsidised the armaments of Poland and Czecho-Slovakia which created such a ferment of uneasiness in disarmed Germany. He encouraged insurrection in the Rhineland against the authority of the Reich. He intrigued with the anti-German elements in Britain to thwart every effort in the direction of restoring goodwill in Europe and he completely baffled Briand's endeavour in that direction. He is the true creator of modern Germany with its great and growing armaments, and should this end in another conflict the catastrophe will have been engineered by Poincaré. His dead hand lies heavy on Europe to-day."

- Raymond Poincaré

0 likesPoliticians from FrancePresidents of FrancePrime Ministers of FranceMinisters of Foreign Affairs (France)Finance ministers
"The most powerful figure in French politics after the retirement of Clemenceau was ex-President Poincaré. He disliked the Treaty [of Versailles] intensely. For several years after the withdrawal of Clemenceau, the policy of France was dominated by this rather sinister little man. He represented the vindictive and arrogant mood of the governing classes in France immediately after her terrible sacrifices and her astounding victory. He directly and indirectly governed France for years. All the Premiers who followed after Clemenceau feared Poincaré. Millerand was his creature. Briand, who was all for the League and a policy of appeasement, was thwarted at every turn by the intrigues of Poincaré. Under his influence, which continued for years after his death, the League became not an instrument of peace and goodwill amongst all men, including Germans; it was converted into an organisation for establishing on a permanent footing the military and thereby the diplomatic supremacy of France. That policy completely discredited the League as a body whose decisions on disputes between nations might be trusted to be as impartial as those of any ordinary tribunal in any civilised country. The obligations entered into by the Allies as to disarmament were not fulfilled. British Ministers put up no fight against the betrayal of the League and the pledges as to disarmament. Hence the Nazi Revolution, which has for the time—maybe for a long time—destroyed the hopes of a new era of peaceful co-operation amongst free nations."

- Raymond Poincaré

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"Cavour had trained himself—for no one was his teacher—in what was then the British school of politics. Passionate Italian as he was, his political and economic ideas were based on acute observations made in England, and on a close study of the work of Grey and Peel. Believing in civil and religious freedom to a degree unusual among Continental statesmen of any party, he regarded freely elected Parliaments as the essential organ of government, and force as no remedy, except to expel the stranger and the despot. Any fool, he said, could govern by martial law. According to him, it was the business of a statesman to govern by Parliament, not indeed obeying every behest of ignorant partisans and corrupt interests, but persuading the country and the Chamber to take the right course, by weight of the authority due to wisdom, knowledge and experience. This ideal, seldom realised in any country, was the actual method by which Cavour governed Piedmont in the fifties. If he had lived to govern all Italy in the same manner during the sixties and seventies, the country which he created would have avoided many misfortunes besides those of Custoza, Lissa, and Mentana. And if then the example of Cavour had been preferred to that of Bismarck as the model for the patriots and statesmen of modern Europe, the whole world would now be a better place than it is."

- Camillo Benso, Count of Cavour

0 likesPrime Ministers of ItalyFinance ministersTrade ministersAgricultural ministersLiberal politicians