• Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, though important place.

    William E. Gladstone: Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, though important place.
    Letter to his brother Robertson of the Financial Reform Association at Liverpool in 1859. "Gladstone as Financier and Economist" by F. W. Hirst, p. 241, 1931.