Throughout The Greater Part Of His Life

It Has Been Said That England Invented The Phrase, 'her Majesty's Opposition'; That It Was The First Government Which Made A Criticism Of Administration As Much A Part Of The Polity As Administration Itself. This Critical Opposition Is The Consequence Of Cabinet Government.

The Peculiar Essence Of Our Banking System Is An Unprecedented Trust Between Man And Man. And When That Trust Is Much Weakened By Hidden Causes, A Small Accident May Greatly Hurt It, And A Great Accident For A Moment May Almost Destroy It.

It Is Good To Be Without Vices, But It Is Not Good To Be Without Temptations.

Whatever Expenditure Is Sanctioned - Even When It Is Sanctioned Against The Ministry's Wish - The Ministry Must Find The Money. Accordingly, They Have The Strongest Motive To Oppose Extra Outlay. The Ministry Is (so To Speak) The Breadwinner Of The Political Family, And Has To Meet The Cost Of Philanthropy And Glory; Just As The Head Of A Family Has To Pay For The Charities Of His Wife And The Toilette Of His Daughters.

The Mystic Reverence, The Religious Allegiance, Which Are Essential To A True Monarchy, Are Imaginative Sentiments That No Legislature Can Manufacture In Any People.