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Roosevelt Revives the Presidency

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Presentation on theme: "Roosevelt Revives the Presidency"— Presentation transcript:

1 Roosevelt Revives the Presidency
Chapter 15

2 Roosevelt Square Deal—Roosevelt: “every man has a square deal, no less and no more” Roosevelt reform programs called this Social Darwinism Only the fittest survive Roosevelt believed in both progressivism and Social Darwinism

3 Roosevelt takes on trusts
Believed trusts and other large business organizations were very efficient and essential to Am. prosperity BUT Concerned monopolies hurt pub. interest NY Sun: Roosevelt “bring wealth to its knees” Roosevelt: “we draw the line against misconduct, not against wealth” Called “trustbuster”

4 1st target: Northern Securities
J.P. Morgan’s railroad holding company Merged existing railroad systems No northwest competition Farmers feared it would raise rates and hurt their profits Sued under Sherman Anti Trust Act (1904) Northern Securities v. United States = Did violate Anti Trust Act

5 The Coal Strike of 1902 United Mine Workers Coal prices UP
STRIKE (want increased pay, reduced hrs, union recognition) 15,000 anthracite miners in east Pen Coal prices UP Roosevelt: private interests at nation’s expense Possible coal shortages Shut down factories Homes unheated

6 The Coal Strike of 1902 Roosevelt urged arbitration
Union owners agreed, mine owners did not Roosevelt threatened to have the army run the mines, THEN the mine owners accepted the deal

7 Regulating Big Business
Believed most trusts were good for the economy Wanted to regulated w/out breaking up trusts Fed agency to investigate corps and publicize results  Department of Commerce and Labor Investigates: U.S. Steel

8 U.S. Steel “Gentlemen’s agreement” Hepburn Act (1906)
Company would open record books for investigation and if there’s a problem comp would be told privately and fix w/out legal action Also made with other companies Hepburn Act (1906) Strengthen Interstate Commerce Commission Set railroad rates Eventually became supporter of railraods By 1920s: set rates to ensure profits

9 Consumer Protection Samuel Hopkins Adams Food Patent medicine business
Claim to cure, but really just alcohol, colored water, sugar OR Caffeine, opium, cocaine, and other dangerous compounds Food Dangerous preservatives “Embalmed meat”

10 Food 1906—Upton Sinclair “The Jungle Meat Inspection Act (1906)
Slaughterhouses of Chicago; appalling conditions of meat packing Many people become vegetarians Meat Inspection Act (1906) Fed. inspection of meat (under interstate commerce) Agriculture Dept set standards Pure Food and Drug Act Prohibited the manufacture, sale, or shipment of impure of falsely labeled food and drugs


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