They have said, "that in old times the English Court took too much of the nation's money, and spent it ill; but now, when it could be trusted to spend well, it does not take enough of the nation's money.
Bagehot discusses the historical mismanagement of royal finances, advocating for a well-funded monarchy that spends wisely.
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Perhaps such powers as these are what a wise man would most seek to exercise and least fear to possess.
They are solely concerned with his attractiveness as a candidate; they need not regard his efficiency as a ruler.
One of the greatest pains to human nature is the pain of a new idea.
We have thus a whole group of ancient republics of non-Aryan race, and one which, being more ancient than the classical republics, could not have borrowed from or imitated them.
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