He explicitly referenced Joseph Chamberlain's crusade for Tariff Reform in his speech: There can have been few occasions in all our long political history when to the son of a man who counted for something in his day and generation has been vouchsafed the privilege of settling the seal on the work which the father began but had perforce to leave unfinished.

Nearly twenty-nine years have passed since Joseph Chamberlain entered upon his great campaign in favour of Imperial preference and tariff reform.

More than seventeen years have gone by since he died, without having seen the fulfilment of his aims and yet convinced that, if not exactly in his way, yet in some modified form his vision would eventually take shape.

I believe he would have found consolation for the bitterness of his disappointment if he could have foreseen that these proposals, which are the direct and legitimate descendants of his own conception, would be laid before the House of Commons, which he loved, in the presence of one, and by the lips of the other, of the two immediate successors to his name and blood.

[3] Kaldor also claimed that real GDP rose 4% a year during this period, making Britain the world's fastest growing economy (with the possible exception of Nazi Germany).