On the recordJanuary 1, 1790
But if the confiscation should so far succeed as to sink the paper currency, the cement is gone with the circulation.
Said by
Edmund Burke
Source
gutenberg.orgEdmund Burke: “But if the confiscation should so far succeed as to sink the paper currency, the cement is gone with the circulation.”
Editor's note · Context
Burke predicts that if the confiscation of property in revolutionary France leads to the collapse of its paper currency, the unifying force holding the new republics together will disappear.
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