"Commerce in itself may favour peace, but when commerce is artificially shut out by a decree of Government from some promising territory, then commerce just as naturally favours war."

“The difficulty of determining whether a man is or is not good has now become a commonplace of moralists and satirists. It is almost impossible to discover any test which is satisfactory, and the test which is actually applied by society is known to be unsatisfactory in the extreme.”

“... John the Baptist was like the Emperor Nerva. In his career it was given him to do two things—to inaugurate a new régime, and also to nominate a successor who was far greater than himself.”

“... Men in general take up scheme after scheme, as circumstances suggest one or another, and therefore most biographies are compelled to pass from one subject to another, and to enter into a multitude of minute questions, to divide the life carefully into periods by chronological landmarks accurately determined, to trace the gradual development of character and ripening or change of opinions.”

“... The chief forces which hold a community together and cause it to constitute one State are three, common nationality, common religion, and common interest.”

“It is a favourite maxim of mine that history, while it should be scientific in its method, should pursue a practical object. That is, it should not merely gratify the reader's curiosity about the past, but modify his view of the present and his forecast of the future,”

“... Property can exit only under the guardianship of the State.”