Part one of term paper
Norman Davies describes liberalism as "being developed along two parallel tracks, the political and the economic. Political liberalism focused on the essential concept of government by consent. In its most thoroughgoing form it embraced republicanism, though most liberals favored a popular, limited, and fair-minded monarch as a factor encoura ...

Part two of term paper
... its power from the people and sovereignty is never unlimited to anyone. Political liberalism centered on the ideas of freedom of speech, freedom of religion, freedom of press, the natural rights of man, the freedom to own property, and that status is not a birthright but an extension of talent. Property also represented a very strong idea in the minds of many liberals. Davies concludes, "nineteenth-century liberals also gave great weight to property, which they saw as the principal source of resp ...