WALTER BAGEHOT QUOTES VII

English economist and political analyst (1826-1877)

The order of nobility is of great use, too, not only in what it creates, but in what it prevents. It prevents the rule of wealth—the religion of gold. This is the obvious and natural idol of the Anglo-Saxon. He is always trying to make money; he reckons everything in coin; he bows down before a great heap and sneers as he passes a little heap. He has a "natural instinctive admiration of wealth for its own sake". And within good limits the feeling is quite right. So long as we play the game of industry vigorously and eagerly (and I hope we shall long play it, for we must be very different from what we are if we do anything better), we shall of necessity respect and admire those who play successfully, and a little despise those who play unsuccessfully. Whether this feeling be right or wrong, it is useless to discuss; to a certain degree, it is involuntary; it is not for mortals to settle whether we will have it or not; nature settles for us that, within moderate limits, we must have it. But the admiration of wealth in many countries goes far beyond this; it ceases to regard in any degree the skill of acquisition; it respects wealth in the hands of the inheritor just as much as in the hands of the maker; it is a simple envy and love of a heap of gold as a heap of gold. From this our aristocracy preserves us. There is no country where a "poor devil of a millionaire is so ill off as in England". The experiment is tried every day, and every day it is proved that money alone—money pure and simple—will not buy "London Society". Money is kept down, and, so to say, cowed by the predominant authority of a different power.

WALTER BAGEHOT

The English Constitution

Tags: gold


The American Government calls itself a Government of the supreme people; but at a quick crisis, the time when a sovereign power is most needed, you cannot FIND the supreme people. You have got a Congress elected for one fixed period, going out perhaps by fixed instalments, which cannot be accelerated or retarded—you have a President chosen for a fixed period, and immovable during that period: all the arrangements are for STATED times. There is no ELASTIC element, everything is rigid, specified, dated. Come what may, you can quicken nothing, and can retard nothing. You have bespoken your Government in advance, and whether it suits you or not, whether it works well or works ill, whether it is what you want or not, by law you must keep it.

WALTER BAGEHOT

The English Constitution

Tags: government


As a theoretical writer I can venture to say, what no elected member of Parliament, Conservative or Liberal, can venture to say, that I am exceedingly afraid of the ignorant multitude of the new constituencies. I wish to have as great and as compact a power as possible to resist it. But a dissension between the Lords and Commons divides that resisting power; as I have explained, the House of Commons still mainly represents the plutocracy, the Lords represent the aristocracy. The main interest of both these classes is now identical, which is to prevent or to mitigate the rule of uneducated numbers. But to prevent it effectually, they must not quarrel among themselves; they must not bid one against the other for the aid of their common opponent. And this is precisely the effect of a division between Lords and Commons. The two great bodies of the educated rich go to the constituencies to decide between them, and the majority of the constituencies now consist of the uneducated poor. This cannot be for the advantage of any one.

WALTER BAGEHOT

The English Constitution

Tags: power


The quaking bystanders in a superstitious age would soon have slain an isolated bold man in the beginning of his innovations.

WALTER BAGEHOT

Physics and Politics

Tags: age


Progress is only possible in those happy cases where the force of legality has gone far enough to bind the nation together, but not far enough to kill out all varieties and destroy nature's perpetual tendency to change.

WALTER BAGEHOT

Physics and Politics

Tags: change


The heart and passions of men are moved by things more within their attainment; the essential nature is stirred by the essential life; by the real actual existence of love, and hope, and character, and by the real literature which takes in its spirit, and which is in some sort its undefecated essence.

WALTER BAGEHOT

Biographical Studies


The great difficulty which history records is not that of the first step, but that of the second step. What is most evident is not the difficulty of getting a fixed law, but getting out of a fixed law; not of cementing (as upon a former occasion I phrased it) a cake of custom, but of breaking the cake of custom; not of making the first preservative habit, but of breaking through it, and reaching something better.

WALTER BAGEHOT

Physics and Politics

Tags: progress


Why not leave the reading of great books till a great age? Why plague and perplex childhood with complex facts remote from its experience and inapprehensible by its imagination?

WALTER BAGEHOT

Literary Studies

Tags: age


The working classes contribute almost nothing to our corporate public opinion, and therefore, the fact of their want of influence in Parliament does not impair the coincidence of Parliament with public opinion. They are left out in the representation, and also in the thing represented.

WALTER BAGEHOT

The English Constitution

Tags: opinion


There are indeed practical men who reject the dignified parts of Government. They say, we want only to attain results, to do business: a constitution is a collection of political means for political ends, and if you admit that any part of a constitution does no business, or that a simpler machine would do equally well what it does, you admit that this part of the constitution, however dignified or awful it may be, is nevertheless in truth useless.

WALTER BAGEHOT

The English Constitution

Tags: business


This may sound like nonsense, and yet it is true. There is around some men a kind of circle or halo of influences, and traits, and associations, by which they infallibly leave a distinct and uniform impression on all their contemporaries. It is very difficult, even for those who have the best opportunities, to analyze exactly what this impression consists in, or why it was made—but it is made.

WALTER BAGEHOT

Literary Studies

Tags: Men


Look at a railway stall; you see books of every color—blue, yellow, crimson, "ringstreaked, speckled, and spotted," on every subject, in every style, of every opinion, with every conceivable difference, celestial or sublunary, maleficent, beneficent—but all small. People take their literature in morsels, as they take sandwiches on a journey.

WALTER BAGEHOT

Literary Studies

Tags: books


There was a great deal of excellent hammering hammered in the parish, and it was sinful that a man with nothing to do should sit tranquil.

WALTER BAGEHOT

Literary Studies


Great and terrible systems of divinity and philosophy lie round about us, which, if true, might drive a wise man mad.

WALTER BAGEHOT

Literary Studies

Tags: philosophy


A Parliament is nothing less than a big meeting of more or less idle people. In proportion as you give it power it will inquire into everything, settle everything, meddle in everything.

WALTER BAGEHOT

The English Constitution

Tags: power


In early youth it is, perhaps, not true that the passions, taken generally, are particularly violent, or that the imagination is in any remarkable degree powerful; but it is certain that the fancy (which though it be, in the last resort, but a weak stroke of that same faculty, which, when it strikes hard, we call imagination, may yet for this purpose be looked on as distinct) is particularly wakeful, and that the gentler species of passions are more absurd than they are afterwards.

WALTER BAGEHOT

Literary Studies

Tags: imagination


The English people must miss a thousand minutiae that continental bureaucracies know even too well; but if they see a cardinal truth which those bureaucracies miss, that cardinal truth may greatly help the world.

WALTER BAGEHOT

The English Constitution

Tags: truth


An ordinary idle king on a constitutional throne will leave no mark on his time: he will do little good and as little harm.

WALTER BAGEHOT

The English Constitution


t is idle to expect an ordinary man born in the purple to have greater genius than an extraordinary man born out of the purple; to expect a man whose place has always been fixed to have a better judgment than one who has lived by his judgment; to expect a man whose career will be the same whether he is discreet or whether he is indiscreet to have the nice discretion of one who has risen by his wisdom, who will fall if he ceases to be wise.

WALTER BAGEHOT

The English Constitution

Tags: genius


Probably in most cases the greatest wisdom of a constitutional king would show itself in well-considered inaction.

WALTER BAGEHOT

The English Constitution

Tags: wisdom