Roosevelt and the Trusts


Woodman.JPG (53000 bytes)

Scanned from Puck May 25, 1904
The text reads:

Woodman, spare that tree,
Touch not a single bough,
Funds would be scarce if we

The Democrats in 1904 charged that Roosevelt was not pursuing antitrust prosecutions vigorously--here calling off Attorney General Knox--in order to raise a large war chest from business for the upcoming presidential campaign.

In fact, the accusation was not far off the mark.   Roosevelt believed the federal government should pursue malfeasance in business, but not bigness per se.  However, with the Bureau of Corporations and the Northern Securities case, Roosevelt was clearly interested in asserting presidential authority over major investment decisions.

Continue with pages about Roosevelt as a "trust buster"