This stock, which the ministers in their instructions to the Governor of Madras state as the least exceptionable, they have thought proper to distinguish by a marked severity, leaving it the only one on which the interest is not added to the principal to beget a new interest.
Burke discusses the peculiar treatment of a specific stock that is not compounded, indicating financial irregularities.
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They will become flatterers instead of legislators,--the instruments, not the guides of the people.
If any of them should happen to propose a scheme of liberty soberly limited, and defined with proper qualifications, he will be immediately outbid by his competitors, who will produce something more splendidly popular.
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.
I think our happy situation owing to our Constitution,--but owing to the whole of it, and not to any part singly,--owing in a great measure to what we have left standing in our several reviews and reformations, as well as to what we have…
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