It is very certain that not one sovereign in Europe can either promise for the continuance of his authority in a state of indigence and insolvency, or dares to venture on a new imposition to relieve himself.
Burke argues that no sovereign can guarantee their authority if they are financially insolvent.
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It is an evil inevitably attendant on the dominion of sovereign democratic republics.
There are some follies which baffle argument, which go beyond ridicule, and which excite no feeling in us but disgust; and therefore I say no more upon it.
This was reserved to our time, to quench the little glimmerings of reason which might break in upon the solid darkness of this enlightened age.
Who but the most desperate adventurers in philosophy and finance could at all have thought of destroying the settled revenue of the state, the sole security for the public credit, in the hope of rebuilding it with the materials of…
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