On the record
Whatever, therefore, is taken from that capital by too close a bargain is but a delusive advantage: it is so much lost to the public in another way.
Said by
Edmund Burke
Source
gutenberg.orgEdmund Burke: “Whatever, therefore, is taken from that capital by too close a bargain is but a delusive advantage: it is so much lost…”
Editor's note · Context
Burke warns that overly favorable financial deals can ultimately harm the public.
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Jan 1, 1790
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.
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I think our happy situation owing to our Constitution,--but owing to the whole of it, and not to any part singly,--owing in a great measure to what we have left standing in our several reviews and reformations, as well as to what we have…
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Let us imitate their caution, if we wish to deserve their fortune or to retain their bequests.
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They will become flatterers instead of legislators,--the instruments, not the guides of the people.
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