Leland Stanford
Leland Stanford
Amasa Leland Stanfordwas an American tycoon, industrialist, politician, and a co-founderof Stanford University. Migrating to California from New York at the time of the Gold Rush, he became a successful merchant and wholesaler, and continued to build his business empire. He served one two-year term as governor of California after his election in 1861, and later eight years as senator from the state. As president of Southern Pacific Railroad and, beginning in 1861, Central Pacific, he had tremendous power in...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth9 March 1824
CityWatervilet, NY
CountryUnited States of America
Labor can and will become its own employer through co-operative association.
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.
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.
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.
All legislative experiments in the way of making forcible distribution of the wealth produced in any country have failed.
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.
Government 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.
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.