outline_for_TR___WW_Antitrust_policies_l - -mid-term test...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ---mid-term test has been moved to WED. FEB. 20 (initially slated for Feb. 18) PRESIDENTIAL & CONGRESSIONAL POLICIES TOWARDS BIG BUSINESS, 1901-1917 "PROGRESSIVE" PRESIDENTS' APPROACH TOWARDS BIG BUSINESS WAS GENERALLY FRIENDLY & ACCOMMODATING --preferred regulation over "trust-busting" TR'S CORE BELIEFS AS "PROGRESSIVE" CONSERVATIVE --2 greatest fears: working class-revolution from below or revolution brought on by "stupid obstinacy" of amongst the plutocrats ---advocate of federal supervisory role over nation's corporations 3 SPECIFIC EPISODES / POLICIES ----1) TR'S ROLE IN 1902 COAL STRIKE ---2) TR'S APPROACH TOWARDS TRUSTS --gentlemen's agreements & "good" vs. "bad" trusts ("bad" trusts being Standard Oil; American Tobacco; Northern Securities) --WHAT WAS TR's CRITERIA FOR JUDGING A TRUST "BAD"? (based on conduct, not corporate size) --EST. OF BUREAU OF CORPORATIONS (1902) --big business-friendly "investigatory" agency that aimed to "avoid ill-considered [anti-trust] attacks upon corporations" ---3) TR PUSHED RAILROAD REFORM LAWS ----Elkins Act (1903) & Hepburn Act (1906) strengthened federal regulatory control over railroad rate-setting (Interstate Commerce Commission) 1912 ELECTION: "REFERENDUM" ON THE TRUST QUESTION TR's "NEW NATIONALISM" WOODROW WILSON'S "NEW FREEDOM" --highly emotional appeal to anti-big business jealousies of vast middle class --pledge to create a "new set of rules....[for the] pygmy" WILSON ADM.'S "Roosevelt-ian" APPROACH TOWARDS BIG BUSINESS ---Clayton Act (1914): specified several "unfair" business practices (no discriminatory retail pricing; no inter-locking directorates) ---Federal Trade Commission Act (1914): "expert" regulatory agency whose task was to help interpret for big business what constituted "unfair" business practices ...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online