On the record
Interest of a debt, not the principal, distresses a nation, i. 329.
Said by
Edmund Burke
Source
gutenberg.orgInterest of a debt, not the principal, distresses a nation, i. 329.
Burke emphasizes the importance of debt interest over the principal in national distress.
Share
More from Edmund Burke
Who could doubt but that, at any expense to the state, of which they understood nothing, they must pursue their private interests, which they understood but too well?
By adhering in this manner and on those principles to our forefathers, we are guided, not by the superstition of antiquarians, but by the spirit of philosophic analogy.
The people of England will not ape the fashions they have never tried, nor go back to those which they have found mischievous on trial.
But the course of succession is the healthy habit of the British Constitution.