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It is no part of my job as Chancellor of the Exchequer to put before the House of Commons proposals for the expenditure of public money. The function of the Chancellor of the Exchequer, as I understand it, is to resist all demands for expenditure made by his colleagues and, when he can no longer resist, to limit the concession to the barest point of acceptance.

— Philip Snowden, 1st Viscount Snowden

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I would like to see the word 'nationalization' banned from the socialist vocabulary.

"Truth," it has been said, "is the first casualty of war."

I hope you have read the election programme of the Labour Party...this is not socialism. It is Bolshevism run mad.

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