The owners of savings not finding, in adequate quantities, their usual kind of investments, rush into anything that promises speciously, and when the… - Walter Bagehot

Under a cabinet constitution at a sudden emergency this people can choose a ruler for the occasion. It is quite possible and even likely that he would not be ruler before the occasion. The great qualities, the imperious will, the rapid energy, the eager nature fit for a great crisis are not required—are impediments—in common times. A Lord Liverpool is better in everyday politics than a Chatham—a Louis Philippe far better than a Napoleon. By the structure of the world we want, at the sudden occurrence of a grave tempest, to change the helmsman—to replace the pilot of the calm by the pilot of the storm.

Maternity," it has been said, "is a matter of fact, paternity is a matter of opinion."

A good horse likes to feel the rider’s bit; and a great deliberative assembly likes to feel that it is under worthy guidance. A minister who succumbs to the House,—who ostentatiously seeks its pleasure,—who does not try to regulate it,—who will not boldly point out plain errors to it, seldom thrives. The great leaders of Parliament have varied much, but they have all had a certain firmness. A great assembly is as soon spoiled by over-indulgence as a little child.