On the recordJanuary 1, 1791
The excess may serve to keep corruption alive, but it has no re-action on credit and commerce, like the interest of the debt.
Said by
Thomas Paine
Source
gutenberg.orgThe excess may serve to keep corruption alive, but it has no re-action on credit and commerce, like the interest of the debt.
In "Rights of Man," Paine observes that excessive public spending can perpetuate corruption, distinguishing its effects from those of national debt interest.
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To possess ourselves of a clear idea of what government is, or ought to be, we must trace it to its origin.
It was become evident, that no constitution, worthy of being called by that name, could be established on anything less than a national ground.