We took the name 'Liberal' because we were determined to be a progressive party, willing to make experiments, in no sense reactionary but believing in the individual, his rights, and his enterprise, and rejecting the socialist panacea.

Never forget posterity when devising a policy. Never think of posterity when making a speech.

What Great Britain calls the Far East is to us the near north.

A manager may be tough and practical, squeezing out, while the going is good, the last ounce of profit and dividend . . .

In all my life I have treated the press with marked contempt and remarkable success.

Thinking ahead, what really happens to us will depend on how many people we have who are of the great and sober and dynamic middle-class - the strivers, the planners, the ambitious ones.

"I pay my taxes," says somebody, as if that were an act of virtue instead of one of compulsion.