He well knew that the public, whether represented by a monarch or by a senate, can pledge nothing but the public estate; and it can have no public estate, except in what it derives from a just and proportioned imposition upon the citizens at large.
Edmund Burke: “He well knew that the public, whether represented by a monarch or by a senate, can pledge nothing but the public estate…”
Editor's note · Context
From his critique of the French Revolution, this statement defines the legitimate source and limits of public credit.
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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 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…
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I would not exclude alteration neither; but even when I changed, it should be to preserve.





