As regards the principle of the Bill, I, for one, am entirely in accord with it... Why, it is the great principle of the "three acres and a cow" which we fought out at the Election of 1885. ... The principle of the Bill, as I take it, is to be this-that the Local Authority is to have power by compulsion to acquire land for the advantage of the community in letting it out, or otherwise disposing of it to individuals. ... This was the great charge of Socialism which was brought against my right hon. Friend the Member for West Birmingham; but, happily, we are all Socialists now.