Note from Oscar S. Straus

Subject(s): Commodity exchanges, Speculation

A note by Secretary of Commerce and Labor Straus says that “bucket-shops cannot be distinguished from exchanges.” He notes that exchanges are “a civilized way of making a good living with least amount of work,” concluding “no bucket, no exchange.”

Collection

Library of Congress Manuscript Division

Creation Date

1908-03-21

Creator(s)

Straus, Oscar S. (Oscar Solomon), 1850-1926

Recipient

Unknown

Language

English

Period

U.S. President – 2nd Term (March 1905-February 1909)

Repository

Library of Congress Manuscript Division

Page Count

2

Production Method

Handwritten

Record Type

Multi-image

Resource Type

Note

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

Note from Oscar S. Straus. [March 21, 1908]. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o58376. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Straus, Oscar S. (Oscar Solomon), 1850-1926. Note from Oscar S. Straus. [21 Mar. 1908]. Multi-image. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. December 2, 2025. https://www.theodorerooseveltcenter.org/digital-library/o58376.

APA:

Straus, Oscar S. (Oscar Solomon), 1850-1926.: , [1908, March 21]. Note from Oscar S. Straus. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o58376.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. December 2, 2025. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Theodore Roosevelt Papers. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.