Gladstonian liberalism also emphasised free trade, little government intervention in the economy and equality of opportunity through institutional reform.
Taxation and public expenditure was also increased and New Liberal ideas led to David Lloyd George's People's Budget of 1909–1910.
This was demonstrated in his first Budget in 1924 as government expenditure was curtailed, taxes were lowered and duties on tea, coffee, cocoa and sugar were reduced.
His financial policies, based on the notion of balanced budgets, low taxes and laissez-faire, were suited to a developing capitalist society.
[6] His moralism often angered his upper-class opponents (including Queen Victoria) and his heavy-handed control split the Liberal Party.
His goal was to create a European order based on co-operation rather than conflict and on mutual trust instead of rivalry and suspicion whilst the rule of law was to supplant the reign of force and self-interest.
This Gladstonian concept of a harmonious Concert of Europe was opposed and ultimately defeated by a Bismarckian system of manipulated alliances and antagonisms.
[13] The Northcote-Trevelyan Report on civil service recruitment of twenty years earlier was implemented by Order in Council, replacing appointment by family and patronage with examinations to recognise talent and ability.
He formally resigned as Liberal leader and was succeeded by the Marquess of Hartington, but he soon changed his mind and returned to active politics.
Parnell was briefly imprisoned, but was released in return for a promise (the so-called Kilmainham Treaty) to attempt to end the violence.
In the 1885 general election, Parnell's party won the balance of power in the House of Commons and demanded Irish Home Rule as the price of support for a new Gladstone ministry.
Gladstone personally supported Home Rule, but a strong Liberal Unionist faction led by the last of the Whigs, Hartington, opposed it, as did the radical Joseph Chamberlain.
Gladstone finally retired in 1894, ostensibly because of his opposition to what he saw as excessive spending on the Royal Navy but in reality because his Cabinet refused to support his wish to curb the powers of the House of Lords.