By Winston Churchill
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Deakin, Prime Minister of the Commonwealth of Australia; Sir W. Lyne, Minister of Trade and Customs (Australia); Sir Joseph Ward, Prime Minister of New Zealand; Dr. S. Jameson, Prime Minister of Cape Colony; Dr. Smartt, Commissioner of Public Works (Cape Colony); Sir Robert Bond, Prime Minister of Newfoundland; Mr. R. L. Mackay, on behalf of the India Office.  The Prime Minister of Natal. IMPERIAL PREFERENCE II HOUSE OF COMMONS, July 15, 1907 Mr. " (Mr. '" (Mr. Soares) The vote of censure was rejected, and the Amendment carried by 404 to 111.
Therefore, we propose to adhere, and are prepared if necessary to be censured for adhering to our general financial system, which is governed by the rule that there should be no taxation except for revenue, and based on the commercial principle of the equal treatment of all nations, and the most-favoured-nation treatment from those nations in return. Important as are the economical arguments against a preferential policy, they are in my opinion less grave than the political disadvantages. On other occasions I have addressed the House on the grave danger and detriment to the working of our Colonial system which must follow the intermingling of the affairs of the British Empire in the party politics and financial politics of this country.
Are they even a sieve, a strainer, to stop legislation if it should reveal an undue or undesirable degree of Radicalism or Socialism? Are they the complementary critic--the critic who sees all the things which the ordinary man does not see? No one can maintain it. The attitude which the House of Lords adopts towards Liberal measures is purely tactical. When they returned to their "gilded Chamber" after the general election they found on the Woolsack and on the Treasury Bench a Lord Chancellor and a Government with which they were not familiar.