“What we want before all things is a bold retrenchment of expenditure. I may take a too one-sided view of the matter, but I consider nine-tenths of all our future dangers to be financial, and when I came home from the continent, it was with a determination to go on with fiscal reform and economy as a sequence to Free Trade.”

Letter to W. R. Greg (15 May 1848), quoted in John Morley, The Life of Richard Cobden (London: T. Fisher Unwin, 1905), p. 487.
1840s

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Richard Cobden 56
English manufacturer and Radical and Liberal statesman 1804–1865

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