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.
The seeming antagonism between capital and labor is the result of deceptive appearance.
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.
The great advantage to labor arising out of co-operative effort has been apparent to me for many years.
I have always been fully persuaded that, through co-operation, labor could become its own employer.
In a very alert and bright state of society people learn co-operation by themselves, but in older and quieter conditions of laboring enterprise, such a bill as I propose will point out the way to mutual exertion.
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.
Each individual member of a co-operative society works with that interest which is inseparable from the new position he enjoys. Each has an interest in the other.
Labor can and will become its own employer through co-operative association.
Money is the great tool through whose means labor and skill become universally co-operative.
The employer class is less indispensable in the modern organization of industries because the laboring men themselves possess sufficient intelligence to organize into co-operative relation and enjoy the entire benefits of their own labor.
There would be no idling in a co-operative workshop. Each workman, being an employer, has a spur to his own industry, and has a pecuniary reason for being watchful of the industry of his fellow workmen.
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.
When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.
Every thoughtful and kind-hearted person must regard with interest any device or plan which promises to enable at least the more intelligent, enterprising, and determined part of those who are not capitalists to cease to labor for hire.
All legislative experiments in the way of making forcible distribution of the wealth produced in any country have failed.
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.
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.
It is probable that for a long time to come the mass of mankind in civilized countries will find it both necessary and advantageous to labor for wages, and to accept the condition of hired laborers.
The employee is regarded by the employer merely in the light of his value as an operative. His productive capacity alone is taken into account.