7 William Ewart Gladstone Quotes on Finance

William Ewart Gladstone quotes on finance

3. Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, thought important place.

4. I am certain, from experience, of the immense advantage of strict account-keeping in early life. It is just like learning the grammar then, which when once learned need not be referred to afterwards.

7. But how is the spirit of expenditure to be exorcised? Not by preaching; I doubt if even by yours. I seriously doubt whether it will ever give place to the old spirit of economy, as long as we have the income-tax. There, or hard by, lie questions of deep practical moment.

12. The idea of abolishing Income Tax is to me highly attractive, both on other grounds & because it tends to public economy.

21. The Chancellor of the Exchequer should boldly uphold economy in detail; and it is the mark of a chicken-hearted Chancellor when he shrinks from upholding economy in detail, when because it is a question of only two or three thousand pounds, he says it is no matter. He is ridiculed, no doubt, for what is called candle-ends and cheese-parings, but he is not worth his salt if he is not ready to save what are meant by candle-ends and cheese-parings in the cause of the country. No Chancellor of the Exchequer is worth his salt who makes his own popularity either his consideration, or any consideration at all, in administering the public purse. In my opinion, the Chancellor of the Exchequer is the trusted and confidential steward of the public. He is under a sacred obligation with regard to all that he consents to spend.

47. He was the first Chancellor of the Exchequer who ever made the Budget interesting. 'He talked shop,' it was said, 'like a tenth muse.' He could apply all the resources of a glowing rhetoric to the most prosaic questions of cost and profit; could make beer romantic and sugar serious. He could sweep the widest horizon of the financial future, and yet stoop to bestow the minutest attention on the microcosm of penny stamps and the monetary merits of half-farthings.

50. The greatest Chancellor of all time.