They were in this dilemma: If they continued to receive the assignats, cash must become an alien to their Treasury; if the Treasury should refuse those paper amulets, or should discountenance them in any degree, they must destroy the credit of their sole resource.
Edmund Burke: “They were in this dilemma: If they continued to receive the assignats, cash must become an alien to their Treasury; if…”
Editor's note · Context
Burke discusses the dilemma faced by the Assembly regarding the acceptance of assignats, reflecting on the complexities of currency and trust.
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