When the peasant first brings his corn to market, the magistrate in the towns obliges him to take the assignat at par; when he goes to the shop with this money, he finds it seven per cent the worse for crossing the way.
Burke illustrates the unfairness faced by rural peasants in economic transactions, highlighting the disparity between town and country.
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More from Edmund Burke
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…
They come from one who has been no tool of power, no flatterer of greatness, and who in his last acts does not wish to belie the tenor of his life.
The improvements of the National Assembly are superficial, their errors fundamental.
I would not exclude alteration neither; but even when I changed, it should be to preserve.
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