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9 Oct 1800
Abstract
Ch XIII. Ch.XVI Partic Interest
The nation at large and the Stock holder
are Borrower and Lender, Debtor and Creditor. When the money
is to be raisedborrowed, it is the Credi Lender's
harvest, day, and he takes advantage of the Borrower
and his necessities to the utmost of his
power. When debt comes to be paid off,
it is the debtor's turn, and it is neither
unnatural nor unjust, nor illaudable, nor
might it to be unexpected, that he by his
agents should take the, like same advantage.
The Stockholder at the time of the paying-off
season is not (it is true) in every instance the
same individual as the Stockholder of
the borrowing season. He is, however, the less debtors
either the very same, or one who with his eyes open, and for valuable
consideration, has put himself in the
others place: succeeding to all his rights
it would be in vain to repair all the thoughts of having
succeeded to any of his obligations. From a
creditor, in some instancescases, and in the score of
humanity, money may with, more or less
reason, be expected:- but forms a Debtor
what money was ever looked for? the phrasewords
"merciless" and "debtoris is scarce to be pronouncedare words scarcely to be coupled
with a grave face.Expositions