'The philanthropic highwayman' (Punch cartoon)

The 'philanthropic highwayman' in this cartoon is Lloyd George, the Chancellor of the Exchequer, whose Old Age Pensions Act of 1908 contained proposals for funding pensions out of direct taxation. The alternative was to rely on workers' contributions - which would not have helped women who had no opportunity to work, or those who were paid too little to make contributions.
PRO LIBRARY Punch, p.101 (5 August 1908)

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