[W]e have all heard how Mr. Cobden, who is a very eminent person, has said, in a very memorable speech, that England was the victim of the feudal system, and we have all heard how he has spoken of the barbarism of the feudal system, and of the barbarous relics of the feudal system. Now, if we have any relics of the feudal system, I regret that not more of it is remaining... Now, what is the fundamental principle of the feudal system, gentlemen? It is that the tenure of all property shall be the performance of its duties. Why, when the Conqueror carved out parts of the land, and introduced the feudal system, he said to the recipient, "You shall have that estate, but you shall do something for it: you shall feed the poor; you shall endow the Church; you shall defend the land in case of war; and you shall execute justice and maintain truth to the poor for nothing."

The idea of the feudal system is that the people on the top take care of the needs of those on the bottom, but I have seldom seen it work that way," Wicked said. "Yeah," I said, "it's like trickle-down economics; it only works if the people at the top are really good, decent people. The system is only as good as the people in power.

Never as neat or well organized as many descriptions suggest, in essence feudalism involved the exchange of grants of land for military and political service, sealed by personal oaths between the lord and the vassal. The castle has been called the perfect architectural expression of the European feudal age.

Broadly, the proposition holds that all economic systems known to us up to the end of feudalism in Western Europe were organized either on the principle of reciprocity or redistribution, or householding, or some combination of the three. These principles were institutionalized with the help of a social organization which, inter alia, made use of the patterns of symmetry, centricity, and autarchy. In this framework, the orderly production and distribution of goods was secured through a great variety of individual motives disciplined by general principles of behavior. Among these motives gain was not prominent. Custom and law, magic and religion cooperated in inducing the individual to comply with rules of behavior which, eventually, ensured his functioning in the economic system.

As I have stated, the truth of this principle may be slow in development, as all truths are and ever have been, in the various branches of science. It was so with the principles announced by Galileo it was so with Adam Smith and his principles of political economy. It was so with Harvey, and his theory of the circulation of the blood. It is stated that not a single one of the medical profession, living at the time of the announcement of the truths made by him, admitted them. Now, they are universally acknowledged. May we not, therefore, look with confidence to the ultimate universal acknowledgment of the truths upon which our system rests? It is the first government ever instituted upon the principles in strict conformity to nature, and the ordination of Providence, in furnishing the materials of human society. Many governments have been founded upon the principle of the subordination and serfdom of certain classes of the same race; such were and are in violation of the laws of nature. Our system commits no such violation of nature’s laws. With us, all of the white race, however high or low, rich or poor, are equal in the eye of the law. Not so with the negro. Subordination is his place. He, by nature, or by the curse against Canaan, is fitted for that condition which he occupies in our system. The architect, in the construction of buildings, lays the foundation with the proper material-the granite; then comes the brick or the marble. The substratum of our society is made of the material fitted by nature for it, and by experience we know that it is best, not only for the superior, but for the inferior race, that it should be so. It is, indeed, in conformity with the ordinance of the Creator. It is not for us to inquire into the wisdom of His ordinances, or to question them. For His own purposes, He has made one race to differ from another, as He has made 'one star to differ from another star in glory'. The great objects of humanity are best attained when there is conformity to His laws and decrees, in the formation of governments as well as in all things else. Our confederacy is founded upon principles in strict conformity with these laws. This stone which was rejected by the first builders “is become the chief of the corner” the real “corner-stone” in our new edifice. I have been asked, what of the future? It has been apprehended by some that we would have arrayed against us the civilized world. I care not who or how many they may be against us, when we stand upon the eternal principles of truth, if we are true to ourselves and the principles for which we contend, we are obliged to, and must triumph.

The noblest principle in our nature is the regard to general justice, and that good-will which embraces all the world. ... Though our immediate attention must be employed in promoting our own interest and that of our nearest connexions; yet we must remember, that a narrower interest ought always to give way to a more extensive interest. In pursuing particularly the interest of our country, we ought to carry our views beyond it. We should love it ardently, but not exclusively. We ought to seek its good, by all the means that our different circumstances and abilities will allow; but at the same time we ought to consider ourselves as citizens of the world, and take care to maintain a just regard to the rights of other countries.

About to enter, fellow-citizens, on the exercise of duties which comprehend everything dear and valuable to you, it is proper you should understand what I deem the essential principles of our Government, and consequently those which ought to shape its Administration. I will compress them within the narrowest compass they will bear, stating the general principle, but not all its limitations. Equal and exact justice to all men, of whatever state or persuasion, religious or political; peace, commerce, and honest friendship with all nations, entangling alliances with none; the support of the State governments in all their rights, as the most competent administrations for our domestic concerns and the surest bulwarks against antirepublican tendencies; the preservation of the General Government in its whole constitutional vigor, as the sheet anchor of our peace at home and safety abroad; a jealous care of the right of election by the people -- a mild and safe corrective of abuses which are lopped by the sword of revolution where peaceable remedies are unprovided; absolute acquiescence in the decisions of the majority, the vital principle of republics, from which is no appeal but to force, the vital principle and immediate parent of despotism; a well-disciplined militia, our best reliance in peace and for the first moments of war till regulars may relieve them; the supremacy of the civil over the military authority; economy in the public expense, that labor may be lightly burthened; the honest payment of our debts and sacred preservation of the public faith; encouragement of agriculture, and of commerce as its handmaid; the diffusion of information and arraignment of all abuses at the bar of the public reason; freedom of religion; freedom of the press, and freedom of person under the protection of the habeas corpus, and trial by juries impartially selected. These principles form the bright constellation which has gone before us and guided our steps through an age of revolution and reformation. The wisdom of our sages and blood of our heroes have been devoted to their attainment. They should be the creed of our political faith, the text of civic instruction, the touchstone by which to try the services of those we trust; and should we wander from them in moments of error or of alarm, let us hasten to retrace our steps and to regain the road which alone leads to peace, liberty, and safety.

We have taught the people of this country the value of a great principle. They have learned that there is nothing that can be held out to the intelligent people of this kingdom so calculated to stimulate them to action, and to great and persevering action, as a great and sacred principle like that which the League has espoused. They have learned that there is in public opinion a power much greater than that residing in any particular form of government; that although you have in this kingdom a system of government which is called "popular" and "representative"—a system which is somewhat clumsily contrived, and which works with many jars and joltings—that still, under the impulse of a great principle, with great labour and with great sacrifices, all those obstacles are overcome, so that out of a machine especially contrived for the contrary, justice and freedom are at length achieved for the nation; and the people have learned something beyond this—that is, that the way to freedom is henceforward not through violence and bloodshed.

The preservation of every Government depends upon an exact adherance unto its Principles, and the essential Principle of the English Monarchy, being that well proportioned distribution of Powers, whereby the Law doth at once provide for the Greatness of the King, and the Safety of the People; the Government can subsist no longer, than whilst the Monarch enjoying the Power which the Law doth give him, is enabled to perform the part it allows unto him, and the People are duly protected in their Rights and Liberties.

My subjects have learned, by cruel trials, that the principle of the legitimacy of sovereigns is one of the fundamental bases of social order,—the only one upon which, amidst a great nation, a wise and well-ordered liberty can be established. This doctrine has just been proclaimed as that of all Europe. I had previously consecrated it be my charter, and I claim to add to that charter all the guarantees which can secure the benefits of it.

Prosperity is the best protector of principle.

The landed wealth of the Church alone sufficed to make it a power of the highest rank in the feudal system of the Middle Ages, in which all power finally rested on the possession of the land. Bishops and abbots became feudal dignitaries, sometimes almost sovereign princes in their own domains, and always with a potent voice in the government of their nations.

Frederick II may be mentioned as the ruler who inaugurated the new epoch in the sphere of practical life – that epoch in which practical political interest attains Universality [is recognized as an abstract principle], and receives an absolute sanction. Frederick II merits especial notice as having comprehended the general object of the State, and as having been the first sovereign who kept the general interest of the State steadily in view, ceasing to pay any respect to particular interests when they stood in the way of the common weal. His immortal work is a domestic code – the Prussian municipal law. How the head of a household energetically provides and governs with a view to the weal of that household and of his dependents – of this he has. given a unique specimen.

The knowledge of feudal practices is the reason why I was perhaps the most formidable scourge of feudalism.