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Oil industries

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Concentration in industry

Concentration in industry

Charles Richard Van Hise speaks of the nuances present in monopolies and unrestricted competition in the American economy. Van Hise gives the railroads system as an example of successful use of commissions with no price competition. His thesis proposes there can be great economic advantage to maintain a concentration of industry and therefore those corporations should not be broken up by enforcing the Sherman Act. Instead, commissions should be created to determine prices and Van Hise provides a list of powers these commissions should have and how to achieve success.

Collection

Library of Congress Manuscript Division

Creation Date

1911-11-09

Letter from Theodore Roosevelt to James Rudolph Garfield

Letter from Theodore Roosevelt to James Rudolph Garfield

President Roosevelt asks Commissioner of Corporations Garfield if there is a reason that the Interstate Commerce Commission should not go ahead with the oil investigation. Roosevelt does not want them to interfere with the actions of Garfield, and asks him to speak with Interstate Commerce Commission chairman Martin A. Knapp to discuss the issue.

Collection

Library of Congress Manuscript Division

Creation Date

1906-04-16

Letter from James Rudolph Garfield to Theodore Roosevelt

Letter from James Rudolph Garfield to Theodore Roosevelt

Commissioner of Corporations Garfield informs President Roosevelt that the report on oil will be finished soon but not to publish it before consulting with Attorney General William H. Moody to ensure that pending charges are not disrupted by publication of the report. Garfield finds it interesting that some claim foreign trade is being hurt by these charges but that the oil and beef industries are profiting from violating federal law. Garfield is monitoring a fascinating local election which Representative Theodore E. Burton of Ohio is leading. Some in the election are pushing for an open convention.

Collection

Library of Congress Manuscript Division

Creation Date

1906-09-03

Letter from Ethan Allen Hitchcock to Theodore Roosevelt

Letter from Ethan Allen Hitchcock to Theodore Roosevelt

Secretary of the Interior Hitchcock responds to President Roosevelt’s request for information regarding an account of the correspondence featured in a New York Sun editorial from August 16, 1906. Hitchcock tells Roosevelt that he was not responsible for the editorial except to the extent that correspondence referenced was issued by his authority. The correspondence, which he summarizes, pertains to the hearings before Hitchcock on the leasing of oil lands and natural gas wells in Indian Territory and the Territory of Oklahoma.

Collection

Library of Congress Manuscript Division

Creation Date

1906-08-22

Letter from Hamlin Garland to Theodore Roosevelt

Letter from Hamlin Garland to Theodore Roosevelt

Hamlin Garland praises President Roosevelt’s efforts to take on the oil and beef industries. Garland assures Roosevelt that he is doing the right thing in breaking up monopolies. As a man who espouses the free trade philosophy, Garland wishes Roosevelt would stay another four years, but does not oppose William Jennings Bryan in the upcoming election. Many others, including Bernard Shaw, Rudyard Kipling, and more also approve of Roosevelt. Garland has been received very well by Ambassador Whitelaw Reid and saw Roosevelt’s daughter, Alice Roosevelt Longworth, at an event recently.

Collection

Library of Congress Manuscript Division

Creation Date

1906-06-16

Standard oil

Standard oil

Sheet music for “Standard Oil,” a song about John D. Rockefeller and his history with Standard Oil. One verse mentions President Roosevelt and his efforts to break up the company. Cover is red, white, and black with a can of oil, a sign “J.D.R.,” and Uncle Sam. At the top of the cover, the sheet music is “dedicated to Judge Kenesaw Mountain Landis.”

Collection

Dr. Danny O. Crew Theodore Roosevelt Sheet Music Collection

Creation Date

1907