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Passage (Thomas Babington Macaulay, "Milton," *Edinburgh Review*, August 1825): "We think that, as civilisation advances, poetry almost necessarily declines. Therefore, though we fervently admire those great works of imagination which have appeared in dark ages, we do not admire them the more because they have appeared in dark ages. On the contrary, we hold that the most wonderful and splendid proof of genius is a great poem produced in a civilised age. We cannot understand why those who believe in that most orthodox article of literary faith, that the earliest poets are generally the best, should wonder at the rule as if it were the exception. Surely the uniformity of the phaenomenon indicates a corresponding uniformity in the cause. The fact is, that common observers reason from the progress of the experimental sciences to that of imitative arts. The improvement of the former is gradual and slow. Ages are spent in collecting materials, ages more in separating and combining them. Even when a system has been formed, there is still something to add, to alter, or to reject. Every generation enjoys the use of a vast hoard bequeathed to it by antiquity, and transmits that hoard, augmented by fresh acquisitions, to future ages. In these pursuits, therefore, the first speculators lie under great disadvantages, and, even when they fail, are entitled to praise. Their pupils, with far inferior intellectual powers, speedily surpass them in actual attainments. Any intelligent man may now, by resolutely applying himself for a few years to mathematics, learn more than the great Newton knew after half a century of study and meditation." In the sentence "the first speculators lie under great disadvantages," the word **speculators** most nearly means:

Afinancial investors
Bearly theorists or inquirers
Cbystanders or onlookers
Dunscrupulous opportunists
Answer & Solution
Correct answer: B. early theorists or inquirers
Macaulay is talking about how scientific knowledge accumulates: each generation builds on the *speculations* (theories, conjectures, inquiries) of its predecessors. The "first speculators" are therefore the earliest theorists or inquirers — those who set out to make sense of nature when little had been done before. - **A** (financial investors) is the modern dominant sense but anachronistic for Macaulay; the sentence is about science, not markets. - **C** (bystanders) is unrelated to the context of intellectual labor. - **D** (unscrupulous opportunists) imports a moral charge the passage does not carry. *Speculator* derives from Latin *speculari*, "to observe / examine," and in Macaulay's nineteenth-century usage retains the sense of one who *speculates* in the cognitive sense — a thinker working out hypotheses.
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