Public officials during the Progressive Era put passing and enforcing strong antitrust high on their agenda. President Theodore Roosevelt sued 45 companies under the Sherman Act, while William Howard Taft sued 75.

A Progressive reformer, Roosevelt earned a reputation as a “trust buster” through his regulatory reforms and antitrust prosecutions. Roosevelt took care, however, to show that he did not disagree with trusts and capitalism in principle, but was only against monopolistic practices.

The Sherman Act When Theodore Roosevelt’s first administration sought to end business monopolies, it used the Sherman Anti-Trust Act as the tool to do so. This changed when, in 1902, President Roosevelt urged his Justice Department to dismantle the Northern Securities Corporation.

A trust was a way of organizing a business by merging together rival companies. Progressive reformers believed that trusts were harmful to the nation’s economy and to consumers. By eliminating competition, trusts could charge whatever price they chose.

Monopolies were broken up. A successful company could make less profits. The government got involved in private business. A small business could no longer be acquired by a big business.

If a trust controlled an entire industry but provided good service at reasonable rates, it was a “good” trust to be left alone. Only the “bad” trusts that jacked up rates and exploited consumers would come under attack.

How did Theodore Roosevelt become President? What did President Theodore Roosevelt think about trust? he saw a difference between good trusts & bad trusts. he said good trusts were efficient but bad ones took advantage of workers and cheated the public.

bad trusts: eliminate competition or drive them out; hurt consumers with high prices in order to maximize wealth.

Teddy Roosevelt and Bears Political Cartoon The bear labeled “bad trust” represents the corrupt trusts whereas the bear labeled “good trusts” represents the trusts that are not/are not as corrupt The bear that is not labeled on the right side is considered a hard-working, non-corrupt corporations.

It increased competition within industries. It prevented workers from going on strikes. It prevented prices of goods from rising too high. It prevented corporations from forming monopolies.

The United States Army beef scandal was an American political scandal caused by the widespread distribution of extremely low-quality, heavily adulterated beef products to U.S Army soldiers fighting in the Spanish–American War.

(b) The cartoon shows that Teddy Roosevelt believed there were “good trusts” and “bad trusts” and that he set out to control the “bad trusts,” as he had a negative view on them. He believed that he should protect the good trusts, which were for the benefit of the people.

Good trusts, he believed, were those that although controlled large industries, were good services and provided reasonable rates/prices. Bad trusts were those that drove up rates and were corrupted, reducing competition as well.

Answer: In the cartoon, the weapons and the soldiers represent the desecration of womanhood by men with socially-imposed restrictions. This is the level to which men have reduced women in some societies, the level of oppressed servitude.

The men in the cartoon represent secessionists leaving the union. They seem mad, and like they have been used. The cartoonist thinks that the men will “fall” from leaving the union.

Uncle Sam represents the States Government. Uncle Sam was a unifying symbol. …

2. Who represents the trusts in this cartoon? What industry did he dominate? Rockefeller represents the trust in this cartoon and he dominated the oil industry.

Horace Taylor, the artist who created this cartoon, was born in New York City in 1864. He died in 1921.

The main idea of thiscartoon is to show how rockefeller was a monopolist, crushing competition and squashing innovation.

Rockefeller is viewed as a giant to express how powerful he has become. Along with how much less of power the federal government have over men and business like Rockefeller, or other big businesses. During the 20th century America, big businesses grown so large the government could not control it.

“The Trust Giant’s Point of View” is a political cartoon depicting Rockefeller holding the White House and President McKinley in the palm of his hand, wit the Capitol and the U.S. Treasury Department in the background as “Standard Oil Refinery,” Rockefeller’s company.

In 1870, he established Standard Oil, which by the early 1880s controlled some 90 percent of U.S. refineries and pipelines. Critics accused Rockefeller of engaging in unethical practices, such as predatory pricing and colluding with railroads to eliminate his competitors in order to gain a monopoly in the industry.

Three supermajor companies now own the rights to the Standard name in the United States: ExxonMobil, Chevron Corp., and BP. BP acquired its rights through acquiring Standard Oil of Ohio and merging with Amoco and has a small handful of stations in the Midwestern United States using the Standard name.