36 "This is the dream. Now we will tell the interpretation of it before the king. 37 You, O king, are a king of kings. For the God of heaven has given you a kingdom, power, strength, and glory; 38 and wherever the children of men dwell, or the beasts of the field and the birds of the heaven, He has given them into your hand, and has made you ruler over them all--you are this head of gold. 39 But after you shall arise another kingdom inferior to yours; then another, a third kingdom of bronze, which shall rule over all the earth. 40 And the fourth kingdom shall be as strong as iron, inasmuch as iron breaks in pieces and shatters everything; and like iron that crushes, that kingdom will break in pieces and crush all the others. 41 Whereas you saw the feet and toes, partly of potter's clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile. 43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay.
Matthew Henry's Commentary on Daniel 2:36-43
Commentary on Daniel 2:31-45
(Read Daniel 2:31-45)
This image represented the kingdoms of the earth, that should successively rule the nations, and influence the affairs of the Jewish church. 1. The head of gold signified the Chaldean empire, then in being. 2. The breast and arms of silver signified the empire of the Medes and Persians. 3. The belly and thighs of brass signified the Grecian empire, founded by Alexander. 4. The legs and feet of iron signified the Roman empire. The Roman empire branched into ten kingdoms, as the toes of these feet. Some were weak as clay, others strong as iron. Endeavours have often been used to unite them, for strengthening the empire, but in vain. The stone cut out without hands, represented the kingdom of our Lord Jesus Christ, which should be set up in the kingdoms of the world, upon the ruins of Satan's kingdom in them. This was the Stone which the builders refused, because it was not cut out by their hands, but it is become the head stone of the corner. Of the increase of Christ's government and peace there shall be no end. The Lord shall reign, not only to the end of time, but when time and days shall be no more. As far as events have gone, the fulfilling this prophetic vision has been most exact and undeniable; future ages shall witness this Stone destroying the image, and filling the whole earth.