When the only estate lawfully possessed, and which the contracting parties had in contemplation at the time in which their bargain was made, happens to fail, who, according to the principles of natural and legal equity, ought to be the sufferer?
Edmund Burke: “When the only estate lawfully possessed, and which the contracting parties had in contemplation at the time in which…”
Editor's note · Context
Burke raises a question about accountability in financial transactions, emphasizing principles of equity.
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Let us add, if we please, but let us preserve what they have left; and standing on the firm ground of the British Constitution, let us be satisfied to admire, rather than attempt to follow in their desperate flights, the aëronauts of…
Let us imitate their caution, if we wish to deserve their fortune or to retain their bequests.
Whatever they are, I wish my countrymen rather to recommend to our neighbors the example of the British Constitution than to take models from them for the improvement of our own.
Our people will find employment enough for a truly patriotic, free, and independent spirit, in guarding what they possess from violation.





