On the recordJanuary 1, 1790
To mortgage the public revenue implies the sovereign dominion, in the fullest sense, over the public purse.
Said by
Edmund Burke
Source
gutenberg.orgTo mortgage the public revenue implies the sovereign dominion, in the fullest sense, over the public purse.
In his critique of the French Revolution, Burke explains that mortgaging public revenue signifies ultimate sovereign control over national finances.
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Let us imitate their caution, if we wish to deserve their fortune or to retain their bequests.
The improvements of the National Assembly are superficial, their errors fundamental.
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.
They will become flatterers instead of legislators,--the instruments, not the guides of the people.