"[T]hat Chancellor of the Exchequer is the very man who comes down to corrupt whatever there is of financial virtue in us, and to instil into our minds those seductive and poisonous ideas that it does not, after all, matter very much if there is a deficit, and that it is extremely disagreeable when commerce is not in the most flourishing state to call upon the people to pay. Was that the practice of Sir Robert Peel? ... he came to Parliament and stood at his place in the House of Commons, pointed out the figures as they stood, and said to them—I ask you, will you resort to the "miserable expedient" of tolerating deficit, and of making provision by loans from year to year? That which he denounced as the "miserable expedient" has become the standing law, has become almost the financial gospel of the Government that is now in power."
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Prime Ministers of the United KingdomPoliticians from EnglandTheologians from EnglandAcademics from the United KingdomNon-fiction authors from England
Original Language: English
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Sources
Speech in Edinburgh (29 November 1879), quoted in W. E. Gladstone, Midlothian Speeches 1879 (Leicester University Press, 1971), p. 152
https://en.wikiquote.org/wiki/William_Ewart_Gladstone
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William Ewart Gladstone
1868 – 1874
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.
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