Note 54

The reader will observe, that I have but lightly touched (my plan demanded nothing more) on the condition of the French finances, as connected with the demands upon them. If I had intended to do otherwise, the materials in my hands for such a task are not altogether perfect. On this subject I refer the reader to M. de Calonne's work, and the tremendous display that he has made of the havoc and devastation in the public estate, and in all the affairs of France caused by the presumptuous good intentions of ignorance and incapacity. Such effects those causes will always produce. Looking over that account with a pretty strict eye, and with perhaps too much rigour, deducting everything which may be placed to the account of a financier out of place, who might be supposed by his enemies desirous of making the most of his cause, I believe it will be found that a more salutary lesson of caution against the daring spirit of innovators, than what has been supplied at the expense of France, never was at any time furnished to mankind.

Note to the chapter Changes To Finance in Part Two of "Reflections On The Revolution"
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