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Updated: May 17, 2025


I had thought, as I wrote, that people might think I was going a good deal too far in my praise of Bagehot, but lo and behold! my purple patch was "turned down," not because of this but because it was held to be too laudatory of Stevenson, and not laudatory enough of my hero! I was, nevertheless, quite right.

Likewise, we are in that period of social life which Bagehot calls "the age of discussion," and already we can see what Zola has called, in Germinal, the cracking of the politico-social crust, and, in fact, all those symptoms which Taine has described in his l'Ancien Régime, in relating the history of the twenty years which preceded 1789.

Many savages are in the same condition as when first discovered several centuries ago. As Mr. Bagehot has remarked, we are apt to look at progress as normal in human society; but history refutes this. The ancients did not even entertain the idea, nor do the Oriental nations at the present day. 'Ancient Law, 1861, p. 22. For Mr.

It is the age which saw the crystallization of the party-system, and therein it may perhaps lay claim to have recognized what Bagehot called the vital principle of representative government. Few discussions of the sphere of government have been so productive as that in which Adam Smith gave a new basis to economic science.

He did not impart intellectual direction like Mill, nor morally impress himself like George Eliot. Even in pithy humour he was inferior to Bagehot, who was certainly one of the most remarkable of the secondary figures of our generation. But he made every one aware of contact with the reality of a living intelligence. It was evident that he had no designs upon you.

It was, therefore, with no small zest that I undertook an appreciation of Bagehot in his own paper. I was always an immense admirer of Bagehot's power of dealing with literary problems, and still more of that perfection of style for which, by the way, he never received full credit.

Bagehot says of the House of Lords: "It may lose its veto as the Crown has lost its veto.

If I am told that I digress too much and that I seem to forget that I am writing my autobiography and not an estimate of Walter Bagehot, I shall not yield to the criticism. There is method in my madness. No, I am prepared to contend, and to contend with my last drop of ink, that I am justified in what I have done.

Gladstone said that it regarded electors "not as rational and thinking beings, but merely as the equivalents of one another." Walter Bagehot, in his standard work on the "English Constitution," opposes the principle of voluntary constituencies, because it would promote a constituency-making trade.

There's a book I found in father's study at home. 'Lombard Street' by Bagehot. That's all about it, isn't it? I can't tell you how I have read it and reread it." "Never heard of it. 'Lombard Street? Bagehot? Who's Bagehot?" "I think he was a banker, Uncle." "I think he was a fool!"

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