Royalty Is A Government In Which The Attention Of The Nation Is Concentrated On One Person Doing Interesting Actions. A Republic Is A Government In Which That Attention Is Divided Between Many, Who Are All Doing Uninteresting Actions. Accordingly, So Long As The Human Heart Is Strong And The Human Reason Weak, Royalty Will Be Strong Because It Appeals To Diffused Feeling, And Republics Weak Because They Appeal To The Understanding.

-Walter Bagehot

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Royalty Is A Government In Which The

Walter Bagehot

Royalty Is A Government In Which The Attention Of The Nation Is Concentrated On One Person Doing Interesting Actions. A Republic Is A Government In Which That Attention Is Divided Between Many, Who Are All Doing Uninteresting Actions. Accordingly, So Long As The Human Heart Is Strong And The Human Reason Weak, Royalty Will Be Strong Because It Appeals To Diffused Feeling, And Republics Weak Because They Appeal To The Understanding.

Topic

Strong

Heart

Government

Every Banker Knows That If He Has To Prove That He Is Worthy Of Credit, However Good May Be His Arguments, In Fact His Credit Is Gone: But What We Have Requires No Proof.

Bankers

Gone

Banking