“Take cases like Golder's Green and other cases of a similar kind where the value of land has gone up in the course, perhaps, of a couple of years through a new tramway or a new railway being opened. … A few years ago there was a plot of land there which was sold at £160. Last year I went and opened a tube railway there. What was the result? This year that very piece of land has been sold for £2,100—£160 before the railway was opened—before I was there—£2,100 now. My Budget demands 20 per cent. of that.”

— David Lloyd George

Speech in Limehouse, East London (30 July 1909), quoted in Better Times: Speeches by the Right Hon. D. Lloyd George, M.P., Chancellor of the Exchequer (London: Hodder & Stoughton, 1910), p. 148.
Chancellor of the Exchequer

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David Lloyd George 172

Former Prime Minister of the United Kingdom 1863–1945

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David Lloyd George 172

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