The characteristic merit of the English constitutions is, that its dignified parts are very complicated and somewhat imposing, very old and rather venerable, while its efficient part, at least when in great and critical action, is decidedly simple and modern.
Walter BagehotThe 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.
Walter BagehotThe best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.
Walter Bagehot