The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves.

Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.

Money is neither a material to work upon nor a tool to work with.

But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.

The demand for money is regulated entirely by its value, and its value by its quantity.

The farmer and manufacturer can no more live without profit than the labourer without wages.

Profits are not made by differential cleverness, but by differential stupidity.