Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.
Nothing contributes so much to the prosperity and happiness of a country as high profits.
Labour, like all other things which are purchased and sold... has its natural and its market price.
The last point for consideration is the supposed disposition of the people to interfere with the rights of property. So essential does it appear to me, to the cause of good government, that the rights of property should be held sacred, that I would agree to deprive those of the elective franchise against whom it could justly be alleged that they considered it their interest to invade them.
The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.
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