WALTER BAGEHOT QUOTES XX

English economist and political analyst (1826-1877)

In general it will perhaps be found that persons devoted to mere literature commonly become devoted to mere idleness. They wish to produce a great work, but they find they cannot. Having relinquished everything to devote themselves to this, they conclude on trial that this is impossible. They wish to write, but nothing occurs to them. Therefore they write nothing, and they do nothing. As has been said, they have nothing to do. Their life has no events, unless they are very poor. With any decent means of subsistence, they have nothing to rouse them from an indolent and musing dream. A merchant must meet his bills, or he is civilly dead and uncivilly remembered. But a student may know nothing of time and be too lazy to wind up his watch.

WALTER BAGEHOT

Literary Studies

Tags: life


What grows upon the world is a certain matter-of-factness. The test of each century, more than of the century before, is the test of results. New countries are arising all over the world where there are no fixed sources of reverence; which have to make them; which have to create institutions which must generate loyalty by conspicuous utility. This matter-of-factness is the growth even in Europe of the two greatest and newest intellectual agencies of our time. One of these is business. We see so much of the material fruits of commerce that we forget its mental fruits. It begets a mind desirous of things, careless of ideas, not acquainted with the niceties of words. In all labour there should be profit, is its motto. It is not only true that we have "left swords for ledgers," but war itself is made as much by the ledger as by the sword. The soldier—that is, the great soldier—of to-day is not a romantic animal, dashing at forlorn hopes, animated by frantic sentiment, full of fancies as to a lady-love or a sovereign; but a quiet, grave man, busied in charts, exact in sums, master of the art of tactics, occupied in trivial detail; thinking, as the Duke of Wellington was said to do, MOST of the shoes of his soldiers; despising all manner of eclat and eloquence; perhaps, like Count Moltke, "silent in seven languages". We have reached a "climate" of opinion where figures rule, where our very supporter of Divine right, as we deemed him, our Count Bismarck, amputates kings right and left, applies the test of results to each, and lets none live who are not to do something. There has in truth been a great change during the last five hundred years in the predominant occupations of the ruling part of mankind; formerly they passed their time either in exciting action or inanimate repose. A feudal baron had nothing between war and the chase—keenly animating things both—and what was called "inglorious ease". Modern life is scanty in excitements, but incessant in quiet action. Its perpetual commerce is creating a "stock-taking" habit—the habit of asking each man, thing, and institution, "Well, what have you done since I saw you last?"

WALTER BAGEHOT

The English Constitution

Tags: action


The English not only possess better machines for moving nature, but are themselves better machines.

WALTER BAGEHOT

Physics and Politics

Tags: machines