Lloyd George on the Labour Party

“The Labour Party had been built up on nationalisation, the capital levy, and a tax on individual enterprise and private propery, and now that it was in power this same Labour Party was acting as if all its life it had been the only champion of individual enterprise and private property, and the sworn enemy of nationalisation of every sort and kind.
“The Labour Party was busy selling goods over the counter, and was doing a great trade, but it was not its own goods it was selling. A few were Tory goods; but most of them Liberal goods.”—(Report of Oxford speech, Daily Herald, August 7.)

(Socialist Standard, September 1924)