- Walter Bagehot, author of Lombard Street, The English Constitution
and other famous political and economic works, was born a hundred years ago on Wednesday. It was said of him that to talk with him was like riding a- horse with a perfect mouth. The learning of, this banker-economist and man of letters was not more remarkable than his grace, his wit, his ease of style, his universal sympathy. For seventeen years he was Editor of the Economist, and during all that time had close relations with the Spectator, as. Meredith Townsend wrote regularly for the Economist and Bagehot wrote often for the Spectator. As Mr. Keith Felling in an article in the Times admirably says, no man did more to demolish the • reign of abstractions and sophistries. Bagehot has a lesson to teach our clever new biographers—he produced all his effects without injustice.
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