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Retrenchment
Retrenchment (, an old form of ''retranchement'', from ''retrancher'', to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure. Political usage The word is familiar in its most general sense from the motto for the Gladstonian Liberal party in British politics, " Peace, Retrenchment and Reform." The 1906 Liberal landslide manifesto was launched with this slogan: Expenditure calls for taxes, and taxes are the plaything of the tariff reformer. Militarism, extravagance, protection are weeds which grow in the same field, and if you want to clear the field for honest cultivation you must root them all out. For my own part, I do not believe that we should have been confronted by the spectre of protection if it had not been for the South African war. ... Depend upon it that in fighting for our open ports and for the cheap food and material upon which the welfare of the people and the prosperity of our commerce depend we are fighting against th ...
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William Ewart Gladstone
William Ewart Gladstone ( ; 29 December 1809 – 19 May 1898) was a British politican, starting as Conservative MP for Newark and later becoming the leader of the Liberal Party (UK), Liberal Party. In a career lasting over 60 years, he was Prime Minister of the United Kingdom for 12 years, spread over four non-consecutive terms (the most of any British prime minister) beginning in 1868 and ending in 1894. He also was Chancellor of the Exchequer four times, for over 12 years. He was a Member of Parliament (United Kingdom), Member of Parliament (MP) for 60 years, from 1832 to 1845 and from 1847 to 1895; during that time he represented a total of five Constituencies of the Parliament of the United Kingdom, constituencies. Gladstone was born in Liverpool to Scottish people, Scottish parents. He first entered the House of Commons of the United Kingdom, House of Commons in 1832, beginning his political career as a High Tory, a grouping that became the Conservative Party (UK), ...
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Peace, Retrenchment And Reform
Peace, Retrenchment and Reform was a political slogan used in early-19th-century British politics by Whigs, Radicals and Liberals. The historian R. B. McCallum in his history of the Liberal Party defined the meaning of the slogan: The critical, conscience-searching attitude to foreign and imperial affairs, the willingness to see the right triumph over national sentiment... was sheer idealism, the belief that war was wrong and that in the new world of great inventions and world-wide trade civilised nations should not require to settle difference by war.... Retrenchment... meant the saving of the resources of the individual from the grasp of the state taxation system. It was held as a general truth that wealth left in the hands of private persons would be more fruitfully used than if used by the state.... iberalshad most vigorously attacked sinecures and abuses; it was they who had established free trade which seemed the best guarantee of economic development and it was they who m ...
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Retrenchment (military)
Retrenchment is a technical term in fortification A fortification (also called a fort, fortress, fastness, or stronghold) is a military construction designed for the defense of territories in warfare, and is used to establish rule in a region during peacetime. The term is derived from Lati ..., where it is applied to a secondary work or series of works constructed in rear of existing defences to bar the further progress of the enemy who succeeds in breaching or storming these. An example was in the siege of Port Arthur in 1904. A retrenchment can also be referred to as an '' entrenchment''. References {{Fortifications Fortification (architectural elements) Engineering barrages Fortification (obstacles) ...
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Retrenchment (computing)
Retrenchment is a technique associated with Formal Methods In computer science, formal methods are mathematics, mathematically rigorous techniques for the formal specification, specification, development, Program analysis, analysis, and formal verification, verification of software and computer hardware, ... that was introduced to address some of the perceived limitations of formal, model based refinement, for situations in which refinement might be regarded as desirable in principle, but turned out to be unusable, or nearly unusable, in practice. It was primarily developed at the School of Computer Science, University of Manchester. The most up to date perspective is in the ACM TOSEM article below. External linksThe Retrenchment Homepage* R. Banach, Graded Refinement, Retrenchment and Simulation, ACM Trans. Soft. Eng. Meth., 32, 1-69 (2023) Formal methods Software development philosophies Department of Computer Science, University of Manchester {{Comp-sci-stub ...
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Henry Campbell-Bannerman
Sir Henry Campbell-Bannerman ( né Campbell; 7 September 183622 April 1908) was a British statesman and Liberal Party politician who was Prime Minister of the United Kingdom from 1905 to 1908 and Leader of the Liberal Party from 1899 to 1908. He also was Secretary of State for War twice, in the cabinets of Gladstone and Rosebery. He was the first First Lord of the Treasury to be officially called the "Prime Minister", the term only coming into official usage five days after he took office. He remains the only person to date to hold the positions of Prime Minister and Father of the House at the same time, and the last Liberal leader to gain a UK parliamentary majority. Known colloquially as "CB", Campbell-Bannerman firmly believed in free trade, Irish Home Rule and the improvement of social conditions, including reduced working hours. A. J. A. Morris, in the ''Oxford Dictionary of National Biography'', called him "Britain's first and only Radical prime minister". A. J. A. M ...
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Public Finance
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: # The efficient allocation of available resources; # The distribution of income among citizens; and # The stability of the economy. American public policy advisor and economist Jonathan Gruber put forth a framework to assess the broad field of public finance in 2010:Gruber, J. (2010) Public Finance and Public Policy (Third Edition), Worth Publishers, Pg. 3, Part 1 # When shoul ...
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Liberal Party (United Kingdom)
The Liberal Party was one of the two major political parties in the United Kingdom, along with the Conservative Party, in the 19th and early 20th centuries. Beginning as an alliance of Whigs, free trade–supporting Peelites, and reformist Radicals in the 1850s, by the end of the 19th century, it had formed four governments under William Ewart Gladstone. Despite being divided over the issue of Irish Home Rule, the party returned to government in 1905 and won a landslide victory in the 1906 general election. Under prime ministers Henry Campbell-Bannerman (1905–1908) and H. H. Asquith (1908–1916), the Liberal Party passed reforms that created a basic welfare state. Although Asquith was the party leader, its dominant figure was David Lloyd George. Asquith was overwhelmed by his wartime role as prime minister and Lloyd George led a coalition that replaced him in late 1916. However, Asquith remained as Liberal Party leader. The split between Lloyd George's breakaway fa ...
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1906 United Kingdom General Election
The 1906 United Kingdom general election was held from 12 January to 8 February 1906. It is dubbed the "Liberal landslide": the opposition Liberal Party (UK), Liberals under Henry Campbell-Bannerman won a landslide victory against a bewildered Conservative Party (UK), Conservative Party, in which its leader, Arthur Balfour, lost his seat; the party won the lowest number of seats it ever had in its history, a nadir unsurpassed until 2024 United Kingdom general election, 2024. This particular landslide is now ranked alongside the 1924 United Kingdom general election, 1924, 1931 United Kingdom general election, 1931, 1945 United Kingdom general election, 1945, 1983 United Kingdom general election, 1983, 1997 United Kingdom general election, 1997, 2001 United Kingdom general election, 2001, and 2024 United Kingdom general election, 2024 general elections as one of the largest landslide election victories. The Labour Party (UK)#Labour Representation Committee (1900–1906), Labour Re ...
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