The debt, therefore, is not reduced one farthing to the public by all the millions that have been paid; and it would require more money now to purchase up the capital, than when the scheme began.
In "Rights of Man," Paine concludes his critique of national debt management by stating that despite payments, the public has seen no real reduction in the debt's burden.
Share
More from Thomas Paine
The American constitutions were to liberty what a grammar is to language: they define its parts of speech, and practically construct them into syntax.
It was a sort of new form of government that insensibly served to put the old one out of sight and to unhinge it from the superstitious authority of antiquity.
The aristocracy has screened itself too much, and this serves to restore a part of the lost equilibrium.