Many writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth; and second, to direct and control its distribution. All such theories are delusive.
Leland StanfordThe country blacksmith who employs no journeyman is never conscious of any conflict between the capital invested in his anvil, hammer and bellows, and the labor he performs with them, because in fact, there is none.
Leland StanfordGovernment itself is founded upon the great doctrine of the consent of the governed, and has its cornerstone in the memorable principle that men are endowed with inalienable rights.
Leland StanfordFrom my earliest acquaintance with the science of political economy, it has been evident to my mind that capital was the product of labor, and that therefore, in its best analysis there could be no natural conflict between capital and labor.
Leland Stanford