Trust - TR would ultimately bring 44 legal proceedings...

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Trust-busting Roosevelt becomes known as a “trust buster” but he was not against trust… Since Congress was unwilling to pass any regularity laws, Roosevelt resorted to the Sherman Act. He ordered in 1902 the justice department to bring suit against the northern Securities Company…. In 1904, the SC ordered the dissolution of the Northern Securities Company.
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Unformatted text preview: TR would ultimately bring 44 legal proceedings against other giant monopolies such as the beef trust, sugar, fertilizer, harvesters, etc. Part of why TR became a trust-buster was to demonstrate conclusively that the government, not private business, ruled the country....
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This note was uploaded on 10/16/2011 for the course AMH 2010 taught by Professor Pietrzak during the Spring '11 term at Broward College.

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