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The less money lying idle the greater is the dividend.
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
Greater
Lying
Less
Money
Dividend
Dividends
Idle
More quotes by Walter Bagehot
Adventure is the life of commerce, but caution is the life of banking.
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A Parliament is nothing less than a big meeting of more or less idle people.
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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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The real essence of work is concentrated energy - people who really have that in a superior degree by nature are independent of the forms and habits and artifices by which less able and less active people are kept up to their labors.
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Writers like teeth are divided into incisors and grinders.
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Royalty is a government in which the attention of the nation is concentrated on one person doing interesting actions.
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Business is really more agreeable than pleasure it interests the whole mind, the aggregate nature of man more continuously, and more deeply. But it does not look as if it did.
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It is good to be without vices, but it is not good to be without temptations.
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Throughout the greater part of his life George III was a kind of 'consecrated obstruction'.
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The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.
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The Sovereign has, under a constitutional monarchy such as ours, three rights - the right to be consulted, the right to encourage, the right to warn. And a king of great sense and sagacity would want no others.
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Conquest is the missionary of valor, and the hard impact of military virtues beats meanness out of the world.
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All people are most credulous when they are most happy.
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Civilized ages inherit the human nature which was victorious in barbarous ages, and that nature is, in many respects, not at all suited to civilized circumstances.
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An ambassador is not simply an agent he is also a spectacle.
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Life is not a set campaign, but an irregular work, and the main forces in it are not overt resolutions, but latent and half-involuntary promptings.
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The characteristic merit of the English constitutions is, that its dignified parts are very complicated and somewhat imposing, very old and rather venerable, while its efficient part, at least when in great and critical action, is decidedly simple and modern.
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We must not let daylight in upon the magic.
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A slight daily unconscious luxury is hardly ever wanting to the dwellers in civilization like the gentle air of a genial climate, it is a perpetual minute enjoyment.
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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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