In fact, it might be easily shown that our paper wealth, instead of lessening the real coin, has a tendency to increase it,--instead of being a substitute for money, it only facilitates its entry, its exit, and its circulation,--that it is the symbol of prosperity, and not the badge of distress.
From his critique of the French Revolution's finances, Burke contrasts the sound principles of English paper money with the French system.
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They look upon the legal hereditary succession of their crown as among their rights, not as among their wrongs,--as a benefit, not as a grievance,--as a security for their liberty, not as a badge of servitude.
The ceremony of cashiering kings, of which these gentlemen talk so much at their ease, can rarely, if ever, be performed without force.
But supposing they had ranked as they ought to do, and as with us they do actually, the sides of sick-beds are not the academies for forming statesmen and legislators.
They look on the frame of their commonwealth, such as it stands, to be of inestimable value; and they conceive the undisturbed succession of the crown to be a pledge of the stability and perpetuity of all the other members of our…
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