counter-securing

Updated: June 16, 2025

For infinitely smaller loans, the Chancellor of the Exchequer of that day, Montagu, the father of public credit, counter-securing the state by the appearance of the city with the Lord Mayor of London at his side, was obliged, like a solicitor for an hospital, to go cap in hand from shop to shop, to borrow an hundred pound, and even smaller sums.

Edmund Burke - The Works of the Right Honourable Edmund Burke, Vol. 05 (of 12)