Abraham Lincoln about price (“State of the Union Address”, 1 December 1862) - Labor is like any other commodity in the market—increase the demand for it and you increase the price of it. Reduce the supply of black labor by colonizing the black laborer out of the country, and by precisely so much you increase the demand for and wages of white labor.
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Labor is like any other commodity in the market—increase the demand for it and you increase the price of it. Reduce the supply of black labor by colonizing the black laborer out of the country, and by precisely so much you increase the demand for and wages of white labor.
 Abraham LincolnState of the Union Address (1 December 1862). copy citation

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1 December 1862
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