This little island is today the centre of the wealth, of the solid
civilization, of the world. I will not say of art, of music, of the
lighter social graces that make life agreeable; but I will say of the
moral forces that make progress possible and worth while. Of this island
the centre is London; of London the heart is "the City," and in the City
you can put your finger on one spot where the pulse of the world is
distinctly felt to beat. The Moslem regards the Kaaba at Mecca as the
centre of the universe; but that is only a theological phrase. The centre
of the world is the Bank of England in Leadenhall Street. There is not an
occurrence, not a conquest or a defeat, a revolution, a panic, a famine,
an abundance, not a change in value of money or material, no depression
or stoppage in trade, no recovery, no political, and scarcely any great
religious movement--say the civil deposition of the Pope or the Wahhabee
revival in Arabia and India--that does not report itself instantly at
this sensitive spot. Other capitals feel a local influence; this feels
all the local influences. Put your ear at the door of the Bank or the
Stock Exchange near by, and you hear the roar of the world.
But this is not all, nor the most striking thing, nor the greatest
contrast to the empires of Rome and of Spain.
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