For the sake of keeping the headship of the plutocracy, and through that of the nation, they should not offend the plutocracy; the points upon which they have to yield are mostly very minor ones, and they should yield many great points rather than risk the bottom of their power.
Bagehot discusses the need for the House of Lords to maintain its relationship with the plutocracy to preserve its influence.
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Perhaps such powers as these are what a wise man would most seek to exercise and least fear to possess.
Thirdly, we see why so few nations have made rapid advance, and how many have become stationary.
But, above all things, they were frightened of 'the world;' the spectacle of nature filled them with awe and dread.
The Parliament, the laws, the press were human institutions; but the Monarchy was a Divine institution.
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