Such is the nature of crowds: either they are humble and servile or arrogant and dominating. They are incapable of making moderate use of freedom, which is the middle course, or of keeping it.
In war, mere appearances have had all the effect of realities; and that a person, under a firm persuasion that he can command resources, virtually has them; that very prospect inspiring him with hope and boldness in his exertions.
We feel public misfortunes just so far as they affect our private circumstances, and nothing of this nature appeals more directly to us than the loss of money.
