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" Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased... "
Transactions of the Wisconsin State Agricultural Society - Page 229
by Wisconsin State Agricultural Society - 1874
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Public Economy for the United States

Calvin Colton - 1848 - 556 lehte
...says : " Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased." Doctor Wayland says : " It is clear, that everything which we possess, either...
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Land and Labor in the United States

William Godwin Moody - 1883 - 380 lehte
...with a profit, in the improved value of the subject upon which his labor is bestowed ; " and, " it was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased." Here Adam Smith enforces the idea that it is labor only that enters into...
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Christian Thought, 4. köide

Charles Force Deems, John Bancroft Devins - 1886 - 508 lehte
...were the real cause of the phenomenal prosperity of that period. Adam Smith well said that " It was not by gold or by silver but by labor that all the wealth of the world was originally purchased." From the last year of the war, 1865, in which there were only 530 failures,...
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Philosophy and Religion: A Series of Addresses, Essays and Sermons Designed ...

Augustus Hopkins Strong - 1888 - 676 lehte
...economy: "Labor was the first price, the original purchase-money, that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased." Labor gives worth to all things we possess. Labor is the alchemist that...
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The Ten Commandments

George Dana Boardman - 1889 - 396 lehte
...quantity. Labor was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for...
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Labor and Capital: Containing an Account of the Various Organizations of ...

Emory Adams Allen - 1891 - 558 lehte
...own body. Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor that all the wealth of the world was originally purchased. Labor, therefore is the real measure of the exchangeable value of all commodities."...
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The Works of Walter Bagehot ...

Walter Bagehot - 1891 - 728 lehte
...quantity. Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for...
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Socialism from Genesis to Revelation

Franklin Monroe Sprague - 1892 - 528 lehte
.... Labor was the first price paid, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth in the world was originally purchased." i McCulloch says, " The cost or value of all freely produced...
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Industry: A Monthly Magazine Devoted to Science, Engineering ..., 54–65. number

1893 - 916 lehte
...written. " Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and the mode by which the labor of man can be rendered most productive to...
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Pages of Socialist History: Teachings and Acts of Social Democracy

W. Tcherkesoff - 1902 - 124 lehte
...(idem). 6. "Labor was the first price, the original purchase-money, that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value to t who possess it, and who want to exchange it for some...
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