I would therefore, after their example, divide the public debts into three sorts,--good, bad, and doubtful.
Edmund Burke: “I would therefore, after their example, divide the public debts into three sorts,--good, bad, and doubtful.”
Editor's note · Context
Burke proposes categorizing public debts into three types to better manage and address them.
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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…
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.
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.





