He believed that corporations contributed to national

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Medical Terminology for Health Professions
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Chapter 5 / Exercise 5.98
Medical Terminology for Health Professions
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labor   disputes   differed   from   earlier   predecessors.   He   believed   that   corporationscontributed to national greatness, but at the same time he embraced the progressiveconviction that the corporation must be regulated. Another test was in 1901 when J.P.Morgan formed the United States Steel Company-the nation’s first billion-dollarbusiness-which was not Roosevelt want. His 1902 State of the Union message calledfor breaking up business monopolies, or “trust-busting.” Trust busting is governmentactivities aimed at breaking up monopolies and trusts. Soon, Roosevelt’s attorney
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Medical Terminology for Health Professions
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Chapter 5 / Exercise 5.98
Medical Terminology for Health Professions
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sued the Norther Securities Company, a giant holding company created by Morgan.And he also sued other big companies who control railroading in the Northwestbecause of violating the Sherman Anti-Trust Act. Roosevelt, like what he said in 1902summer, did not want to destroy corporations but he wanted the corporation to servethe public good. As a result, the Supreme Court ordered the Northern SecuritiesCompany dissolved in 1904. The Roosevelt administration also collected antitrustlawsuits and the Supreme Court ordered the breakup of the Standard Oil Companyand   the   reorganization   of   the   American   Tobacco   Company   to   make   it   lessmonopolistic in 1911.Roosevelt made peace with big business magnates such as Morgan and theGOP convention adopted a pro-business platform. He won the 1904 election easilyand turned to his major goal which is railroad regulation. He say that corporateregulation is more effective and set up the Hepburn Act in 1906. This law empoweredthe Interstate Commerce Commission to set maximum railroad rates and to examinerailroads’   financial   records.   Furthermore,   The   Hepburn   Act   showed   Roosevelt’spolitical skills and it also expanded the government’s regulatory powers.Another issue in that time was an unsafe food, drugs, and medicine. Thesocialist, women’s organizations and consumer groups rallied and shared the publicopinion for this issue. Also, an Agriculture Department chemist Harvey W. Wileyhelped to proposed the legislation. Other muckrakers exposed useless or dangerouspatent medicines laced with cocaine, opium, or alcohol. Roosevelt caught a publicopinion and supported the Pure Food and Drug Act and the Meat Inspection Actwhich both passed in 1906. These acts outlawed the sale of adulterated foods anddrugs. Also, they required accurate ingredient labels. Environmental concerns also arose by 1900 because of expansion and urbanindustrial growth. For example, against the mining and timber business farmers,ranchers, sheep growers, and preservationists advanced competing land-use claims inthe West. The business interests and boosters supported exploitation of the West’s

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