Реферат: Theodore Roosevelt 2 Essay Research Paper Theodore
with business, President Roosevelt was
determined to see that no Big Business had a
monopoly. As a result in early 1902, the
attorney-general was ordered by Teddy to file a
suit against The Northern Securities Company,
which was a railroad investment company. The
company controlled 3 major railroads in the
Northwest. The Northwest Securities Company was
charged with being a monopoly, under the Sherman
Antitrust Act. The Supreme Court later ruled on
the case a said the Northern Securities Company
must be broken up because they were combination
in restraint of trade. Because of the success
that Roosevelt won in this case, he brought
charges on over 40 more Big Businesses. The
most important businesses broken up by the
Supreme Court, as a result of Roosevelt s
actions were the Standard Oil Company and the
American Tobacco Company. Because the antitrust
cases were took so long to get to the Supreme
Court, Roosevelt asked Congress to pass the
Expedition Act, which sped the process.
Roosevelt did not discriminate big businesses
simply because they were big, he looked for the
businesses that posed a threat to the public.
Roosevelt s action against big businesses won
him the title trust buster .
One of the biggest challenge Roosevelt took
on was getting the Panama Canal built. The