"I will say then that I am not, nor ever have been, in favor of bringing about in any way the social and po- litical equality of the white and black races; that I am not, nor ever have been, in favor of making voters or jurors of negroes, nor of qualifying them to hold office, nor to intermarry with white people; and I will say in addition to this that there is a physical difference be- tween the white and black races which I believe will forever forbid the two races living together on terms of social and political equality. And inasmuch as they cannot so live, while they do remain together there must be the position of superior and inferior, and I, as much as any other man, am in favor of having the superior position assigned to the white race."
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Your quote is from one of the Lincoln-Douglas Debates and was in response to Douglas’ race-baiting attacks on Lincoln. On July 10, 1858 Lincoln probably gave a far truer statement of his views in a speech at Chicago:
“My friends, I have detained you about as long as I desired to do, and I have only to say, let us discard all this quibbling about this man and the other man—this race and that race and the other race being inferior, and therefore they must be placed in an inferior position—discarding our standard that we have left us. Let us discard all these things, and unite as one people throughout this land, until we shall once more stand up declaring that all men are created equal.”