The mystic reverence, the religious allegiance, which are essential to a true monarchy, are imaginative sentiments that no legislature can manufacture in any people.

It is often said that men are ruled by their imaginations; but it would be truer to say they are governed by the weakness of their imaginations.

What impresses men is not mind, but the result of mind.

An ambassador is not simply an agent; he is also a spectacle.

So long as war is the main business of nations, temporary despotism - despotism during the campaign - is indispensable.

The business of banking ought to be simple. If it is hard it is wrong. The only securities which a banker, using money that he may be asked at short notice to repay, ought to touch, are those which are easily saleable and easily intelligible.

It has been said that England invented the phrase, 'Her Majesty's Opposition'.