People must be discouraged from entering into a business, when, the commodity being fixed to one invariable standard and confined to one market, the best success can be attended only with a limited advantage, whilst a defective produce can never be compensated by an augmented price.
Burke critiques the limitations imposed by monopolies that hinder competition and fair pricing in the market.
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This idea of a liberal descent inspires us with a sense of habitual native dignity, which prevents that upstart insolence almost inevitably adhering to and disgracing those who are the first acquirers of any distinction.
They look upon the legal hereditary succession of their crown as among their rights, not as among their wrongs,--as a benefit, not as a grievance,--as a security for their liberty, not as a badge of servitude.
We procure reverence to our civil institutions on the principle upon which Nature teaches us to revere individual men: on account of their age, and on account of those from whom they are descended.
If kings who did not owe their crown to the choice of their people had no title to make laws, what will become of the statute De tallagio non concedendo? of the Petition of Right? of the act of Habeas Corpus?
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