TOO BAD THERE ARE SO FEW MODERATE LIBERALS:

Europe: A History (Norman Davies)

Conservatism began to crystallize as a coherent ideology in conjunction with liberal trends. It was not opposed to democracy or to change as such, and should not be confused with simple reactionary
positions. What it did was to insist that all change should be channelled and managed in such a way that the organic growth of established institutions of state and society--monarchy, Church, the social hierarchy, property, and the family--should not be threatened. [...] Like the liberals, the conservatives valued the individual, opposed the omnipotent state, and looked for a reduction of central executive powers. Through this, they often turned out to be the most effective of would-be reformers, toning down proposals coming from more radical points on the spectrum, and acting as the go-between with the ruling court. The ultimate distinction between liberal conservatives and moderate liberals was a fine one. In many democracies, the large area of agreement between them came to define the "middle ground" of political life.