President Roosevelt addresses the current state of legislation in Congress regarding federal oversight of combinations. He informs Seth Low that he would be forced to veto certain measures brought forth by Congressmen who have been speaking with Victor Morawetz, who is counsel for J. P. Morgan. If necessary, Roosevelt will make his views clear in a message to Congress. Although some of the proposed work could be done by the courts, Roosevelt cites the work of the Interstate Commerce Commission as an illustration of why supervisory power should lie with the executive branch.
Collection
Library of Congress Manuscript Division
Creation Date
1908-04-01
Creator(s)
Roosevelt, Theodore, 1858-1919