Old Fart did not understand the parts highlighted:
In addressing the question of whether it is better to be loved or feared, Machiavelli writes, “The answer is that one would like to be both the one and the other; but because it is difficult to combine them, it is far safer to be feared than loved if you cannot be both.” As Machiavelli asserts, commitments made in peace are not always kept in adversity; however, commitments made in fear are kept out of fear. Yet, a prince must ensure that he is not feared to the point of hatred, which is very possible.
This chapter is possibly the most well-known of the work, and it is important because of the reasoning behind Machiavelli’s famous idea that it is better to be feared than loved – his justification is purely pragmatic; as he notes, “Men worry less about doing an injury to one who makes himself loved than to one who makes himself feared.” Fear is simply a means to an end, and that end is security for the prince. The fear instilled should never be excessive, for that could be dangerous to the prince. Above all, Machiavelli argues, a prince should not interfere with the property of their subjects, their women, or the life of somebody without proper justification.