[W]e have all heard how Mr. Cobden, who is a very eminent person, has said, in a very memorable speech, that England was the victim of the feudal system, and we have all heard how he has spoken of the barbarism of the feudal system, and of the barbarous relics of the feudal system. Now, if we have any relics of the feudal system, I regret that not more of it is remaining... Now, what is the fundamental principle of the feudal system, gentlemen? It is that the tenure of all property shall be the performance of its duties. Why, when the Conqueror carved out parts of the land, and introduced the feudal system, he said to the recipient, "You shall have that estate, but you shall do something for it: you shall feed the poor; you shall endow the Church; you shall defend the land in case of war; and you shall execute justice and maintain truth to the poor for nothing."

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "[W]e have all heard how Mr. Cobden, who is a very eminent person, has said, in a very memorable speech, that England was the victim of the feudal system, and we have all heard how he has spoken of the barbarism of the feudal system, and of the barbarous relics of the feudal system. Now, if we have any relics of the feudal system, I regret that not more of it is remaining... Now, what is the fundamental principle of the feudal system, gentlemen? It is that the tenure of all property shall be the performance of its duties. Why, when the Conqueror carved out parts of the land, and introduced the feudal system, he said to the recipient, "You shall have that estate, but you shall do something for it: you shall feed the poor; you shall endow the Church; you shall defend the land in case of war; and you shall execute justice and maintain truth to the poor for nothing."" in the context of "Benjamin Disraeli, speech in Shrewsbury (9 May 1843), quoted in Selected Speeches of the Late Right Honourable the Earl of Beaconsfield, Volume I, ed. T. E. Kebbel (1882), pp. 50-51" to mean that wisdom is timeless.