...hired labourer. Both these assumptions are false, and all inferences from them are groundless. Labour is prior to and independent of capital. Capital is only the fruit of labour, and could never have existed if labour had not first existed. Labour is the superior of capital,...

...hired labourer. Both these assumptions are false, and all inferences from them are groundless. Labour is prior to and independent of capital. Capital is only the fruit of labour, and could never have existed if labour had not first existed. Labour is the superior of capital,...

...somehow, by the use of it, induces him to labor." Continuing, Mr. Lincoln proposed this principle : " Labor is prior to and independent of capital. Capital is only the fruit of labor, and never could have existed if labor had not first existed. Labor is the superior of capital, and deserves...

...somehow, by the use of it, induces him to labor." Continuing, Mr. Lincoln proposed this principle : " Labor is prior to and independent of capital. Capital is only the fruit of labor, and never could have existed if labor had not first existed. Labor is the superior of capital, and deserves...

...unless .somebody else owning capital somehow, by the use of it, induces him to labor." And then he adds, "Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital and deserves much...

...condition of a hired laborer. But these assumptions are false, and all inferences from them are groundless. Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much...

...nor is there any such thing as a free man being fixed for life in the condition of a hired laborer. Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Capital has its rights, which are as worthy of protection...

...unless somebody else owning capital somehow, by the use of it, induces him to labor. And then he adds: Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital and deserves much...

...Springfield December 20, 1839 (page 114 above). On three widely separated occasions he stated that " Labor is the superior of Capital and deserves much the higher consideration."* President Lincoln in a letter to his friend Elkins in Illinois in 1864 said: Lincoln's Prophecy. "Yes,...

...groundless. Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor...capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights. Nor is it denied that...