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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
Investing
Cardinals
Aids
Maxim
Present
Surest
Future
Maxims
Good
Preventing
Mode
Bank
Establishment
Cardinal
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A cabinet is a combining committee, a hyphen which joins, a buckle which fastens, the legislative part of the state to the executive part of the state. In its origin it belongs to the one, in its functions it belongs to the other.
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Throughout the greater part of his life George III was a kind of 'consecrated obstruction'.
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The purse strings tie us to our kind.
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No great work has ever been produced except after a long interval of still and musing meditation.
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Every banker knows that if he has to prove that he is worthy of credit, however good may be his arguments, in fact his credit is gone: but what we have requires no proof.
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A schoolmaster should have an atmosphere of awe, and walk wonderingly, as if he was amazed at being himself.
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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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No man has come so near our definition of a constitutional statesman - the powers of a first-rate man and the creed of a second-rate man.
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Nothing is more unpleasant than a virtuous person with a mean mind.
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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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The greatest mistake is trying to be more agreeable than you can be.
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Efficiency in an assembly requires a solid mass of steady votes and these are collected by a deferential attachment to particular men, or by a belief in the principles that those men represent, and they are maintained by fear of those men - by the fear that if you vote against them, you may soon yourself have no vote at all.
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