U.S. History Tutorial
Even though Theodore Roosevelt was the “trustbuster”, his two successors, William Howard Taft and Woodrow Wilson had dealt with the same issue of trusts and monopolies.
-Theodore Roosevelt believed in the executive power to break up the trusts, but he regulated the trusts to better serve the people as a whole.
-William Howard Taft beleived in the courts to deal with the breaking up the trusts, and he did it more aggressively in his four years than Roosevelt did in his 7-and-a-half years of his tenure as President.
-Theodore Roosevelt had broken up 44 trusts, and William Howard Raft had broken up 90 trusts.
-Woodrow Wilson signed the legislation, which was the Clayton-Antitrust Act(1914).
-He used it to strengthen the Sherman Antitrust Act(1890) to outlaw trust, monopolies, and cartels.
-The newly Federal Trade Commision, which was formed from the Federal Trade Commision Act(1914), enforced the law.
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