Publisher's Synopsis
Excerpt from Democracy and Liberty, Vol. 1
Other in?uences than pure democracy have no doubt contributed to these things, but no competent judge will deny that the connection is real and close, nor can it be doubted that they have greatly increased through out Europe the distrust of parliamentary institutions. On the other side of the Atlantic Brazil, which during the period of its empire was a model of financial sol vency and integrity, has passed, as was predicted in this work, and without the pressure of any foreign war, into the ranks of defaulting States.
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