On the record
The one thing they ought not to have relied upon was that the island they were furnishing money to subdue, if it gained its freedom, would turn around and insist on reimbursing them!
Said by
Whitelaw Reid
Source
gutenberg.orgWhitelaw Reid: “The one thing they ought not to have relied upon was that the island they were furnishing money to subdue, if it gained…”
Editor's note · Context
Reid argues against the expectation that a freed colony would repay debts incurred during its oppression.
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Spain failed to maintain her title to the security she had pledged, but the lenders knew the instability of that security when they risked their money on it.
But why should a sensible man deal with such folly?
You see, General, this is alarming, and you must acknowledge that we are not safe.
And next, shall we not probably fare best in the end if we try to profit somewhat by the experience others have had in like cases?