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The production of wealth is the result of agreement between labor and capital, between employer and employed. Its distribution, therefore, will follow the law of its creation, or great injustice will be done.

Leland Stanford

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Leland Stanford
Age: 69 †
Born: 1824
Born: March 9
Died: 1893
Died: June 21
Businessperson
Former Governor Of California
Politician
Watervliet (town)
New York
Stanford
Amasa Leland Stanford
mr. l.s.
gov. leland stanford
leland stanford
gov. leland
Great
Labor
Distribution
Follow
Employed
Therefore
Agreement
Creation
Capital
Wealth
Production
Results
Productions
Law
Injustice
Employer
Done
Result
Employers

More quotes by Leland Stanford

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A man's sentiments are generally just and right, while it is second selfish thought which makes him trim and adopt some other view. The best reforms are worked out when sentiment operates, as it does in women, with the indignation of righteousness.
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In a condition of society and under an industrial organization which places labor completely at the mercy of capital, the accumulations of capital will necessarily be rapid, and an unequal distribution of wealth is at once to be observed.
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The advantages of wealth are greatly exaggerated.
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Each co-operative institution will become a school of business in which each member will acquire a knowledge of the laws of trade and commerce.
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From 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.
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The real conflict, if any exists, is between two industrial systems.
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All legislative experiments in the way of making forcible distribution of the wealth produced in any country have failed.
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The 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.
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The right of each individual in any relation to secure to himself the full benefits of his intelligence, his capacity, his industry and skill are among the inalienable inheritances of humanity.
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The rights of one sex, political and otherwise, are the same as those of the other sex, and this equality of rights ought to be fully recognized.
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In the unrest of the masses I augur great good. It is by their realizing that their condition of life is not what it ought to be that vast improvements may be accomplished.
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Laboring men can perform for themselves the office of becoming their own employers.
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Legislation has been and is still directed towards the protection of wealth, rather than towards the far more important interests of labor on which everything of value to mankind depends.
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