William Howard Taft proved to be even more
aggressive than Roosevelt in his use of the Sherman Act. In fact, Taft during his
four years in office launched more antitrust cases than Roosevelt had done in his seven
and one-half years in office.
Taft was less inclined than Roosevelt to believe in having
the executive branch of the federal government regulate trust activities. Taft
consistently in his career upheld a faith in using the courts to regulate behavior.
The caption reads:
TOO TRUSTING A NATURE
His Master: You're big enough and strong enough to make and almighty good watch dog,
but we've got to break you of that darned habit of makin' friends with anybody an'
anythin'
While Taft was President, the Supreme Court in two important cases
announced in 1911 developed the "rule of reason" as
the principle to follow in antitrust cases.