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Capital And Property Are The Fruits Of Labor

Posted by | April 20th, 2009

“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 the higher consideration.”
Abraham Lincoln
December 3, 1861 – Lincoln’s First Annual Message to Congress

“Property is the fruit of labor…property is desirable…is a positive good in
the world. That some should be rich shows that others may become rich,
and hence is just encouragement to industry and enterprise. Let not him who
is houseless pull down the house of another; but let him labor diligently and
build one for himself, thus by example assuring that his own shall be safe
from violence when built.”

Abraham Lincoln
March 21, 1864 – Reply to New York Workingmen’s
Democratic Republican Association

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