Saturday Night Live, Season 4

Bill Murray:
In Britain, where political campaigns are often a source of unmistakenly British wit, we have this from Prime Minister James Callaghan. Commenting on the likely defeat of his Labour Party by the Tories in the upcoming British election, Callaghan quipped: "When I congratulate Mrs. Thatcher, I won't know whether to clasp her hand or hand her a clasp!" When asked to explain that joke, Callaghan replied: "By the term 'clasp', I mean, of course, a paper clip, such as much be used to hold together the various important papers and documents which, as Prime Minister, Mrs. Thatcher would very likely be handling." [Bill chuckles] There'll always be an England!