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If America was under a Parliamentary government, she would soon be convinced that in maintaining this great surplus and in paying this high taxation she would be doing herself great harm.
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Walter Bagehot
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gutenberg.orgWalter Bagehot: “If America was under a Parliamentary government, she would soon be convinced that in maintaining this great surplus and…”
Editor's note · Context
Bagehot warns that if America adopted a Parliamentary system, it might realize the harm of maintaining a surplus with high taxes.
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More from Walter Bagehot
He gave an excellent moral example to his contemporaries, but he is an instance of those whose good dies with them, while their evil lives after them.
The Parliament, the laws, the press were human institutions; but the Monarchy was a Divine institution.
The power of free interchange of ideas being wanting, the ideas themselves were barren.
The moderate people of every party must combine to support the Government which, on the whole, suits every party best.
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