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Abraham Lincoln: Labor is prior...

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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.

Source: Message to Congress, 3 Dec. 1861 (published in Collected Works, vol. 5, ed. by Roy B. Basler, 1953).
-- Abraham Lincoln, (Feb 12 1809-1865), US president, lawyer; He was the 16th U.S. president during the Civil War; wrote Emancipation Proclamation, and Gettysburg Address, 1863.


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