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Updated: June 10, 2025
The predetermined destruction of the monarchy seems evident, when at the most critical point, and at the moment calling for the most careful retrenchment and reform, fate had placed Louis XV., acting like a madman in the excesses of his profligacy; and, at the next stage, while the last opportunity still existed by main force to drag the nation back, and hold it from going over the brink, there stood the most excellent, the kindest-hearted but weakest gentleman who ever wore the name of king!
The registry of the citizens, the suppression of litigation, the elevation of public morals, the restraining of consanguineous marriages, the care of minors, the retrenchment of public expenses, the limitation of gladitorial games and shows, the care of roads, the restoration of senatorial privileges, the appointment of none but worthy magistrates even the regulation of street traffic these and numberless other duties so completely absorbed his attention that, in spite of indifferent health, they often kept him at severe labour from early morning till long after midnight.
I need now only call attention to the necessity of carrying into every department of the Government a system of rigid accountability, thorough retrenchment, and wise economy.
I ought to know, I'm chairman of the board of directors. Just because there was some talk of retrenchment, shortly before Mr. Fleming's death ..." "Oh, no responsible person pays any attention to that sort of talk," Rand comforted him. "My armed-guard and armored-car service brings me into contact with a lot of the local financial crowd. None of them is taking these rumors seriously."
'Why, sir, replied Brass, 'upon my word I think Sarah's as good an economiser as any going. I do indeed, Mr Quilp. 'Moisten your clay, wet the other eye, drink, man! cried the dwarf. 'You took a clerk to oblige me. 'Delighted, sir, I am sure, at any time, replied Sampson. 'Yes, Sir, I did. 'Then now you may discharge him, said Quilp. 'There's a means of retrenchment for you at once.
That afternoon was spent in discussing the proposed retrenchment, and in going to look at the little house which Mrs. Wilmer had mentioned. It was small, but neat, and had a good yard, with a pump at the door. They decided at once to take it, and obtained possession of the key.
Although these devices sometimes appear to give temporary relief, they almost invariably aggravate the evil in the end. It is only by retrenchment and reform by curtailing public and private expenditures, by paying our debts, and by reforming our banking system that we are to expect effectual relief, security for the future, and an enduring prosperity.
A disposition to expense was complained of: to that I opposed, not mere retrenchment, but a system of economy, which would make a random expense, without plan or foresight, in future, not easily practicable.
Yet, if you rose to-morrow morning with the resolve to dismiss the ministry or to reverse the policy of the country, to stop retrenchment or to recommence borrowing, that resolve would infallibly translate itself into fact in a few weeks. In no country that I know of has any organ in the press so much influence as your paper.
Would any one invest in a second one, and was there prospect enough for the success of the industry on the place to secure a livelihood? If not, what must be done? These were important questions. Retrenchment had gone far. The table was too poor to attract visitors; too poor, some thought, for health, but I observed that all kept well.
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