I do think...that the way the Daily News and the Westminster Gazette behaved [during the election] was contemptible. We expect nothing better from the Daily Mail and such miserable products. The result, however, of the whole fight has been to dig both deeply and broadly a ditch between Liberalism and Labour. From all over the country I hear from my friends who fought that the Liberal fight was dirtier than the Tory, and I have seen leaflets like that issued by [Sir Henry] Webb who fought [Hugh] Dalton in Cardiff, which are simply amazing in their dishonesty. The line he took was that whilst we pitied the poor German who was being asked to pay £2,000,000,000 we had no qualms in imposing a Capital Levy upon Englishmen to the extent of £3,000,000,000.
— RAMSAY MACDONALD