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.

Leland Stanford

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.

Leland Stanford

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.

Leland Stanford