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The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.
Walter Bagehot
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Walter Bagehot
Age: 51 †
Born: 1826
Born: February 3
Died: 1877
Died: March 24
Businessperson
Economist
Engineer
Journalist
Political Scientist
Politician
Sociologist
Langport
Somerset
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Cardinal
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Cardinals
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Maxim
Present
Surest
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Bank
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The habit of common and continuous speech is a symptom of mental deficiency. It proceeds from not knowing what is going on in other people's minds.
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Women--one half the human race at least--care fifty times more for a marriage than a ministry.
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Under a Presidential government, a nation has, except at the electing moment, no influence it has not the ballot-box before it its virtue is gone, and it must wait till its instant of despotism again returns.
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A princely marriage is the brilliant edition of a universal fact, and, as such, it rivets mankind.
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In every particular state of the world, those nations which are strongest tend to prevail over the others and in certain marked peculiarities the strongest tend to be the best.
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In early times every sort of advantage tends to become a military advantage such is the best way, then, to keep it alive. But the Jewish advantage never did so beginning in religion, contrary to a thousand analogies, it remained religious.
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One of the greatest pains to human nature is the pain of a new idea. It...makes you think that after all, your favorite notions may be wrong, your firmest beliefs ill-founded....Naturally, therefore, common men hate a new idea, and are disposed more or less to ill-treat the original man who brings it.
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The best security for people's doing their duty is that they should not know anything else to do.
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History is strewn with the wrecks of nations which have gained a little progressiveness at the cost of a great deal of hard manliness, and have thus prepared themselves for destruction as soon as the movements of the world have a chance for it.
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The essence of Toryism is enjoyment?but as far as communicating and establishing your creed are concernedtrya little pleasure. The way to keep up old customs is, to enjoy old customs the way to be satisfied with the present state of things is, to enjoy that state of things.
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The whole history of civilization is strewn with creeds and institutions which were invaluable at first, and deadly afterwards
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We must not let daylight in upon the magic.
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The great pleasure of life is doing for pleasure things I do not like to do.
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No real English gentleman, in his secret soul, was ever sorry for the death of a political economist.
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