On the record
He would only have to load it with bonds, issued for his own purposes, beyond any possible capacity it could ever have for payment.
Said by
Whitelaw Reid
Source
gutenberg.orgWhitelaw Reid: “He would only have to load it with bonds, issued for his own purposes, beyond any possible capacity it could ever have…”
Editor's note · Context
Reid illustrates how a ruler could exploit financial instruments to undermine a colony's autonomy.
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