On the record
But, though reliefs, they were hardly reforms; and experience had shown us that reforms were in fact double and treble reliefs.
Said by
John Morley
Source
gutenberg.orgBut, though reliefs, they were hardly reforms; and experience had shown us that reforms were in fact double and treble reliefs.
Morley distinguishes between reliefs and reforms in the context of taxation and public finance.
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It is a case so to speak of “limited liability.” We are bound in honour—you cannot put a legal construction upon it—to see in concert with others that these arrangements are maintained.
People still believe that Russian diplomats are particularly crafty and clever, full of artifices and stratagems, but that is not the case.
True merit once resigned, No trick nor feint will serve as well.
If they, situated exactly as we are, decline to join, we are not bound single-handed to make up the deficiencies of the rest.