By dissolving powerful corporate trusts, Theodore Roosevelt desired the ability to allow all Americans a chance at success. However, corrupt trusts had gone against Roosevelt’s belief in helping people in need. Not only were they making life hard for the working class, some trusts greedily made millions of dollars from controlling every part of their desired industry. For instance, John D. Rockefeller, owner of Standard Oil, owned the land, drilling companies, pipelines, refineries, gas stations, and almost all the oil in America. Additionally, monopoly owners nationally raised prices such as docking wages and railroad rates just to get an extra million in their bank accounts. Roosevelt found it inequitable that while powerful business owners were stuffing their faces with food, the masses were hardly capable of supporting their families. Roosevelt also believed that big businessmen similar to Rockefeller had a stranglehold on the economy and could ruin corporate trust systems altogether. Theodore Roosevelt despised such monopolies and took action soon after becoming president. He created the Sherman Anti-Trust Act in 1890 and declared that “every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several Stat...
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...e, during, and after his presidency created a lasting impression on America. Although Roosevelt was incapable of passing a few desired laws, many eventually came to fruition, living on the great legacy of Theodore Roosevelt.
Edwards, Rebecca. "Trusts and Anti-Trust." Projects.vassar.edu. Vassar College, 2000. Web. 06 Apr. 2014.
NCBI. "An ACT." Pure Food and Drug Act (1906). U.S. National Library of Medicine, 18 Apr. 2004. Web. 04 Apr. 2014.
NPS. "The Life of Theodore Roosevelt." Nps.gov. U.S. Department of the Interior, 04 Apr. 2014. Web. 07 Apr. 2014.
PBS. "Domestic Politics." Pbs.org. PBS, 2013. Web. 06 Apr. 2014
SHRM. "Sherman Anti-Trust Act of 1890." Shrm.org. Society of Human Resource Management, 03 Dec. 2008. Web. 04 Apr. 2014.
TR Assoc. "The PRESIDENT." Theodoreroosevelt.org. Theodore Roosevelt Association, 2013. Web. 06 Apr. 2014.
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