Quote#Work
My idea is, that if capital and labor are left alone they will…
Quote byJay Gould · 1836–1892
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Jay Gould : A Character Sketch (1893), Testimony to the New York Senate Committee on Labor and Education".
English (original)
My idea is, that if capital and labor are left alone they will mutually regulate each other. People who think they can regulate all mankind and get wrong ideas which they believe to be panaceas for every ill cause much trouble to both employers and employees by their interference.
— Jay Gould
More from Jay Gould
I judge property myself by its net earning power; that is the only rule I have been able to get.… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by …
Corporations are going, we are told, to destroy the country. But what would this country be but for corporations? Who have developed it? Corporations. Who transact the most marvelous business the world has ever seen? Corporations.
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No man can control Wall Street. Wall Street is like the ocean. No man can govern it. It is too vast. Wall Street is full of eddies and currents. The thing to do is to watch them, to exercise a little common sense, and … to come out on top.