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

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

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.

Considering the company I keep in this place, that is hardly surprising.

The kind of people I myself represent in parliament; salary earners, shopkeepers, skilled artisans, professional men and women, farmers and so on, these are, in a political and economic sense, the middle class. They are for the most part unorganised and unselfconscious.

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

A man may be a tough, concentrated, successful moneymaker and never contribute to his country anything more than a horrible example. A manager may be tough and practical, squeezing out, while the going is good, the last ounce of profit and dividend, and may leave behind him an exhausted industry and a legacy of industrial hatred. A tough manager may never look outside his own factory walls or be conscious of his partnership in a wider world. I often wonder what strange cud such men sit chewing when their working days are over, and the accumulating riches of the mind have eluded them.