Quote by Edmund Burke
The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure its foundations in that instance, and for ever, by the clearness and candor of his proceedings, the exactness of his calculations, and the solidity of his funds.
Summary
This quote highlights the key objectives of a financier. Firstly, they aim to generate a substantial and stable income. Secondly, they strive to apply taxes or any financial burdens fairly and wisely. Thirdly, they emphasize the importance of utilizing funds efficiently. Finally, if the use of credit becomes necessary, a financier should ensure transparency, accuracy in calculations, and the presence of a solid financial backing to establish a secure foundation for the credit and maintain it indefinitely.
Topics
Money
By Edmund Burke