"We, in a spirit of humanity of which I entirely approve, have passed legislation—to which I may say I have without boasting myself contributed very largely—to raise the standard of living amongst our working people, to secure to them higher wages, to save them from the competition of men of a lower social scale. We have surrounded them with regulations which are intended to provide for their safety. We have secured them, or the majority of them, against the pecuniary loss which would follow upon accidents incurred in the course of their employment. There is not one of those things which I have not supported...But they have all entailed expense, they have all raised the cost of production; and what can be more illogical than to raise the cost of production in this country in order to promote the welfare of the working classes, and then to allow the products of other countries—which are not surrounded by any similar legislation, which are free from all similar cost and expenditure—to allow them freely to bring each country in competition with our goods, which are hampered in the struggle?"
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