This stunning quote is usually only presented in part. But there was more to the quote. It was considered reactionary by the liberal left (of course) but accurate by most Christians.
The second sentence is usually left off, but it is crucial for the big picture. The Catholic Church has been here for 2,000 years suffering untold societal upheavals, persecutions and the rise and fall of empires, kingdoms and nations. But when collapse comes, it is not the end. No, the Church is always there to help pick up the pieces and rebuild civilization from the ashes. Like a mother she gently brings back civility, compassion, learning, truth, culture and freedom.
One thing to remember: the Chair of St. Peter has been occupied for 2,000 years (and the Chair of Moses 1,300 years before that). The Papacy is the longest existing institution or office in the world. It will endure until the end of time though all others are destined to topple.
The Church is always there to pick up the pieces, preach peace and compassion and bring sanity back to the world. Though populated by people, the Church is not primarily a human institution; rather, it is built and sustained by Jesus Christ himself!