Theodore Roosevelt
Sherman Anti-trust laws/act
President Theodore Rooseveltâ??s actions demonstrated that he was serious about social and political reform. His reforms include more regulation of business and busting up the trusts.
Certain trusts at the turn of the 19th century were creating unfair monopolies or breaking various laws. The "trusts" of the Rockefellers and the Carnegies, were fronts, in a manner of speaking, formed to disguise illegal activities. One US president, Theodore Roosevelt was known as a "trust buster". He wanted a fair deal for the American people.
Theodore Roosevelt worked to get laws passed that outlawed large trusts and broke up monopolies in business.
President Roosevelt's position on trusts was that he approved of them. He did not believe that all trusts were bad. However, he did try to curb the ones he felt were harmful.
to get rid of "bad" trusts and keep "good" trusts
Roosevelt held the position that the government should be able to regulate trusts. Theodore Roosevelt was the 26th U.S. President.
Roosevelt
Theodore Roosevelt
Trusts changed during President Theodore Roosevelt's presidency. It was called Roosevelt's Square Deal policy and it attempted to balance trusts and public control.
trust-busting
Teddy's position on trust was that he believed that not all trust were bad, but he did sought to curb the ones that were harmful to the public interest.
Theodore Roosevelt
Theodore Roosevelt
Theodore Roosevelt filed suits against 44 trusts during his 7 1/2 years as president
Theodore Roosevelt called the trust buster because of his efforts to break up trusts and outlaw business monopolies.