Word: gladstonianism
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Bachelor Broadmoore looks like a daguerreotype of Great-Grandpapa. Sporting a straw boater, spats, walking stick, wire-rimmed pince-nez, and suits copied from turn-of-the-century magazine illustrations, he uses a Gladstonian vocabulary, reserving for his strongest expletives such terms as "Oh perdition!" and "Balderdash!" He spurns television, the telephone, central heating, refrigeration, indoor plumbing and all literature published hi the past 60 years. Thoroughly true to his lifestyle, he supports himself by repairing player pianos, Victrolas, nickelodeons, and other fin de siecle artifacts, drawing customers from all over the state...
Sensing that this new you-never-had-it-so-good generation is both weary of Tory rule and leary of Socialist dogma, the Labor program today emphasizes "pragmatism" and "responsibility" rather than headlong plunges into doctrinaire" experiments. The party's catchwords, a heady blend of Gladstonian rhetoric and New Frontier pep talk, call for "a sense of purpose" to "get Britain moving." How much of its ambitious program will actually be enacted depends on the kind of majority it can win at the polls. But there are some fair indications of what Labor aims...
...Anti-Gladstonian...
Then Churchill got in his innings with a blistering 40-minute attack in which he said: "There was the old Gladstonian expression, 'Let the money fructify in the pockets of the people.' That is regarded [by the government] as a monstrous device of a decadent capitalist system...
More tutored in modern theories (and notably by Harvard economists), the Democrats on the whole will adhere to modern principles; they long ago buried Gladstonian theories of public finance. But the Democrats would be foolish indeed if they were wedded to a single principle of public policy. Modern fiscal policy concentrates on the stability objective; but the Government must also be concerned with equity. Fiscal policy in a great inflation may well call for sales taxes and heavy income taxes on the masses. Indeed, the 1948 tax bill reflected incorrect fiscal policy because it involved reduced taxes...