The expense of defence--the naval and military estimates--vary still more as the danger of attack seems more or less imminent, as the means of retarding such danger become more or less costly.
Walter Bagehot: “The expense of defence--the naval and military estimates--vary still more as the danger of attack seems more or less…”
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Walter Bagehot
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gutenberg.orgEditor's note · Context
This statement discusses how defense expenditures vary based on perceived threats and costs.
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More from Walter Bagehot
The casual line was traced according to the strength of deceased combatants; succeeding generations fought elsewhere; and the hesitating line of a half-drawn battle was left to stand for a perpetual limit.
These anomalies, in a hundred instances, mark the old boundaries of a constitutional struggle.
Our law very often reminds one of those outskirts of cities where you cannot for a long time tell how the streets come to wind about in so capricious and serpent-like a manner.
The lessons are good where its primitive assumptions hold, but may be false where those assumptions fail.





