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ners not to offend a prince who can harm them if he will. I have said that the power of which I speak must be founded on esteem, and I will add that if it be otherwise founded it is dangerous in the extreme. Princes are never in a more perilous position than when they are the objects of hatred or aversion rather than of a reasonable fear. That kingly power which causes princes to be feared with esteem and love, includes within it different elements of power; it is a tree with several branches, which draw their nourishment from common Stock. Thus, the prince must be powerful by his reputation. Secondly, by a reasonable number of soldiers, continually maintained. Thirdly, by a notable reserve, in gold, in his coffers, ready for the unforeseen occasions which arise when least expected. And, lastly, by the possession of the hearts of his people. If the finances be considerately adjusted on the principles which I have advised the people will find entire relief, and the king will base his power on the possession of the hearts of his subjects. They will know that they are his care, and their own interests will lead them to love him. The kings of old thought so highly of this foundation of kingship that some of them held it worthier to be King of the French than King of France. Indeed, this nation was in old time illustrious for passionate attachment to its princes; and under the earlier kings, until Philip the Fair, the treasure of hearts was the sole public treasure that was maintained in this kingdom. I know that we cannot judge of the present altogether by the past, and that what was good in one century is not always possible in another. Yet, though the treasure of hearts may not suffice to-day, it is quite certain that without it the treasure of gold is almost worthless; without that treasure of hearts we shall be bankrupt in the midst of abundance. _The Whole Duty of Princes_ In conclusion, as kings are obliged to do many more things as sovereigns than they do in their private capacity, they are liable to be guilty of far more faults by omission than those of which a private person could be guilty by commission. Considered as men, they are subject to the same faults as all other men; but considered as charged with the welfare of the public, they are subject also to many duties which they cannot omit without sin. If princes neglect to do all that they can to rule the various orders of their state; if th
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