Quotation by Walter Bagehot

The Sovereign has, under a constitutional monarchy such as ours, three rights—the right to be consulted, the right to encourage, the right to warn. And a king of great sense and sagacity would want no others.
Walter Bagehot (1826–1877), British economist, critic. The English Constitution, ch. 3 (1867).

Bagehot construed the formula, "I do not oppose, it is my duty not to oppose; but observe that I warn," as a notional statement by a British constitutional sovereign.
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