Walter Bagehot Quotes

Cabinet governments educate the nation; the presidential does not educate it, and may corrupt it.

It is good to be without vices, but it is not good to be without temptations.

I wish the art of benefiting men had kept pace with the art of destroying them; for though war has become slow, philanthropy has remained hasty. The most melancholy of human reflections, perhaps, is that, on the whole, it is a question whether the, benevolence of mankind does most good or harm. Great good, no doubt, philanthropy does, but then it also does great evil. It augments so much vice, it multiplies so much suffering, it brings to life such great populations to suffer and to be vicious, that it is open to argument whether it be or be not an evil to the world, and this is entirely because excellent people fancy that they can do much by rapid action — that they will most benefit the world when they most relieve their own feelings; that as soon as an evil is seen "something" ought to be done to stay and prevent it.

The best reason why Monarchy is a strong government is, that it is an intelligible government. The mass of mankind understand it, and they hardly anywhere in the world understand any other. It is often said that men are ruled by their imaginations; but it would be truer to say they are governed by the weakness of their imaginations.

The less money lying idle the greater is the dividend.

... Nothing is so simple as the subject matter of his works. The two greatest of his creations, the character of Satan and the character of Eve, are two of the simplest—the latter probably the very simplest—in the whole field of literature. On this side, Milton's art is classical. On the other hand, in no writer is the imagery more profuse, the illustrations more various, the dress altogether more splendid; and in this respect the style of his art seems romantic and modern. In real truth, however, it is only ancient art in a modern disguise: the dress is a mere dress, and can be stripped off when we will.—we all of us do perhaps in memory strip it off for ourselves.

You may talk of the tyranny of Nero and Tiberius; but the real tyranny is the tyranny of your next-door neighbor... Public opinion is a permeating influence, and it exacts obedience to itself; it requires us to think other men's thoughts, to speak other men's words, to follow other men's habits.

[W]hatever is unnecessary in government is pernicious.

... The fame of Gibbon is highest among writers; those especially who have studied for years particular periods included in his theme (and how many those are; for in the East and West he has set his mark on all that is great for ten centuries!) acutely feel and admiringly observe how difficult it would be to say so much, and leave so little untouched ; to compress so many telling points; to present in so few words so apt and embracing a narrative of the whole.

It always perhaps happens in a great nation, that certain bodies of sensible men posted prominently in its constitution, acquire functions, and usefully exercise functions, which at the outset, no one expected from them, and which do not identify themselves with their original design. This has happened to the House of Lords especially.

[T]he two most singular prerogatives of an English king [are] the power of creating new peers and the power of dissolving the Commons.

In truth, poverty is an anomaly to rich people. It is very difficult to make out why people who want dinner do not ring the bell.

The best way for the bank or banks who have the custody of the bank reserve to deal with a drain arising from internal discredit, is to lend freely. The first instinct of everyone is the contrary. There being a large demand on a fund which you want to preserve, the most obvious way to preserve it is to hoard it—to get in as much as you can, and to let nothing go out which you can help. But every banker knows that this is not the way to diminish discredit. This discredit means, 'an opinion that you have not got any money,' and to dissipate that opinion, you must, if possible, show that you have money: you must employ it for the public benefit in order that the public may know that you have it.

The best test of a machine is the work it turns out. Let any one who knows what legal documents ought to be, read first a will he has just been making and then an Act of Parliament; he will certainly say, “I would have dismissed my attorney if he had done my business as the legislature has done the nation’s business.”

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.