On the record
In payment of a debt of twenty shillings a creditor may refuse all the paper of the Bank of England.
Said by
Edmund Burke
Source
gutenberg.orgEdmund Burke: “In payment of a debt of twenty shillings a creditor may refuse all the paper of the Bank of England.”
Editor's note · Context
Burke notes that creditors can refuse paper currency in debt payments, underscoring the limitations of paper money's acceptance.
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