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Corporations--Valuation

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Essay by Theodore Roosevelt on railroad securities

Theodore Roosevelt argues that the United States needs to pass legislation regulating railroad securities so their value cannot be inflated. Roosevelt acknowledges there may need to be some leeway for newer companies building in remote areas, and he argues against regulating existing railroad securities, but he firmly believes that the credit and the development of the nation as a whole will be better if established railroad companies are forbidden from inflating the values of newly issued securities.

Collection

Library of Congress Manuscript Division

Creation Date

Unknown

Letter from Maurice Hutin to Theodore Roosevelt

Maurice Hutin, president of the Panama Canal Company, reviews the agreements and negotiations related to the valuation and transfer of the company’s Colombia concessions to the United States.

Collection

Library of Congress Manuscript Division

Creation Date

1901-11-30

Letter from John Grimes Walker to Theodore Roosevelt

Admiral Walker expresses his views on matters related to the privileges and property of the Panama Canal Company that were raised in a letter from the company’s president, Maurice Hutin. Walker defends the work of the Isthmian Canal Commission and the estimate of the Panama Canal Company’s worth at $40 million. He does not believe that further examination or arbitration as suggested by Hutin should be considered.

Collection

Library of Congress Manuscript Division

Creation Date

1901-12-06