On the record
Every expenditure of public money has some apparent public object; those who wish to spend the money expatiate on that object; they say, "What is 50,000 pounds to this great country?
Said by
Walter Bagehot
Source
gutenberg.orgWalter Bagehot: “Every expenditure of public money has some apparent public object; those who wish to spend the money expatiate on that…”
Editor's note · Context
Bagehot discusses the justification for public expenditure, emphasizing the apparent public objectives behind spending.
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