"...there had been many changes in the national ideals in this country during the past 50 years. ... liberty, so far as it regarded political power, freedom of opinion, and freedom of action, was rather more in men's minds in the fifties as an essential element in the making of national happiness and well-being than it was in the present day. ... Republicanism was then a thing much talked of in England. It was curious to note how completely that had gone, and the discovery made that the true enemy of liberty and democracy was not a monarchy, but money, and the power that money exerted."
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