Political Quotes

Edmund Burke: He has stated to you, that its own agents, in the year 1781, in the arrangement they proposed to make at Calcutta, were…

On the record
He has stated to you, that its own agents, in the year 1781, in the arrangement they proposed to make at Calcutta, were satisfied to have twenty-five per cent at once struck off from the capital of a great part of this debt, and prayed to have a provision made for this reduced principal, without any interest at all.
Said by
Edmund Burke

Editor's note · Context

Burke reveals that agents were willing to significantly reduce a debt, indicating prior acknowledgment of its burden.

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