H. H. Asquith quotes - page 2
[T]he rise of Germany into the front rank of the commercial Powers of the world was the most remarkable illustration that was to be found of the practical value of education, organization, and concentration. ... Any man who read the accounts of what was done and provided in France, Germany, Belgium, Austria, and, above all, the United States of America, and contrasted the magnificent educational apparatus in which the humblest boy in those countries might aspire to be a participant with our own scanty, slovenly, unscientific, and ill-organized system, or want of system, would no longer be at a loss to understand why England was handicapped in the race for commercial supremacy.
H. H. Asquith
It is, I think, a mistake to treat the annual Budget as if it were a thing by itself, and not, as it is, or as it certainly ought to be, an integral part and a necessary link in a connected and coherent chain of policy. In my opinion...the country has reached a stage in which, whether we look merely at its fiscal or at its social exigencies, we cannot afford to drift along the stream and treat each year's finance as if it were self-contained. The Chancellor of the Exchequer, in other words, ought to Budget, not for one year, but for several years.
H. H. Asquith
[T]hree of the most important resolutions, namely, those relating to the Most-Favoured-Nation treatment, protection against dumping or unfair competition, and the adoption of measures to render the Allies independent of enemy countries as regards essential industries, were proposed by the British delegates and passed at the Conference in the form in which they were put forward.
H. H. Asquith
The socialization or nationalization of production and distribution and the extinction of what is called Capitalism-by whatever name the ideal, and the process for its attainment, is called-would starve the resources, and, in time, drain away the life-blood of the great productive industries which depend for their efficiency on the free play of initiative and enterprise. And Labour is becoming more and more a class organization, an expression and embodiment of what is called "class-consciousness.” That again was significantly illustrated in the general strike, which was directed by organized Labour, and which was countenanced-it is true, in a somewhat shamefaced fashion-by the Parliamentary Labour Party leaders.
H. H. Asquith
The Income Tax at 6s., 5s., 4s. 6d.-I go further, and say, even at 4s.-is, in my opinion, a bad and pernicious form of capital levy... The effect of such an Income Tax...is not merely to curtail the enjoyments and comforts of a large number of our middle classes. Its effect is to dry up the stream which fertilises the whole field of employment and of industry. I should have thought that no class of the community is more directly interested in a reduction of the Income Tax to-I will not say the pre-War standard, for that is out of sight now, and an utter impossibility-but to a reasonable and moderate standard, than those people who gain their living by the work of their hands. It is not a class question at all. It affects the interests of the whole business world and the whole future of British trade.
H. H. Asquith
