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.
Walter BagehotCredit means that a certain confidence is given, and a certain trust reposed. Is that trust justified? And is that confidence wise? These are the cardinal questions. To put it more simply credit is a set of promises to pay; will those promises be kept?
Walter BagehotSo long as war is the main business of nations, temporary despotism - despotism during the campaign - is indispensable.
Walter Bagehot