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Rebates

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Letter from Leslie M. Shaw to Theodore Roosevelt

Letter from Leslie M. Shaw to Theodore Roosevelt

Leslie M. Shaw is glad that President Roosevelt will be meeting with a committee of railroad men. Shaw notes that “at least three-fourths of the accumulated wealth of the United States has been unearned,” referring to value increases of land and real property over time. The difficulty is in how to “adjust matters that every man who has contributed capital or effort toward the development of our country shall have his fair share of the results of American effort.” Shaw identifies the corporate evils in the railroad industry as rooted in granting rebates and special privileges, and corporate control of corporations.

Collection

Library of Congress Manuscript Division

Creation Date

1907-03-14

Creator(s)

Shaw, Leslie M. (Leslie Mortier), 1848-1932

Letter from John J. McCook to Theodore Roosevelt

Letter from John J. McCook to Theodore Roosevelt

Railroad official John J. McCook writes to President Roosevelt regarding an act controlling commerce and rebating. The act involved railroad officers and Interstate Commerce Commission members. McCook discusses former President McKinley’s efforts to ensure this law is enforced but suggests that some did not take this law seriously. McCook mentions that McKinley had put off handling this situation during his administration and suggests that Roosevelt should now take up this issue.

Collection

Library of Congress Manuscript Division

Creation Date

1905-01-09

Creator(s)

McCook, John J. (John James), 1845-1911

Letter from Theodore Roosevelt to Henry Lee Higginson

Letter from Theodore Roosevelt to Henry Lee Higginson

Theodore Roosevelt agrees with most of Henry Lee Higginson’s letter. He particularly believes in the movement’s effort to protect the shareholders’ widows and orphans. Roosevelt comments on Edward Henry Harriman’s fortune. While he does not want to hurt Harriman’s small securities holders, there should be supervision to prevent future Harrimans from getting disproportionate rewards. It is easy to handle corrupt small businessmen by refusing their service, but the same is not possible with large businessmen. Roosevelt agrees with Higginson on the overall increase in commercial honesty, the effect of certain unions, and the classification of rebates. 

Collection

Library of Congress Manuscript Division

Creation Date

1911-03-02

Creator(s)

Roosevelt, Theodore, 1858-1919

Letter from Theodore Roosevelt to Charles J. Bonaparte

Letter from Theodore Roosevelt to Charles J. Bonaparte

President Roosevelt tells Attorney General Bonaparte to pause the case proceedings regarding alleged rebate practices by the St. Louis and San Francisco Railroad Company, pending further investigation. Roosevelt encloses a memorandum describing the proposed investigation into the situation by St. Louis Attorney General Henry W. Blodgett.

Collection

Library of Congress Manuscript Division

Creation Date

1907-12-05

Creator(s)

Roosevelt, Theodore, 1858-1919

Letter from Henry Lee Higginson to Theodore Roosevelt

Letter from Henry Lee Higginson to Theodore Roosevelt

Henry Lee Higginson recently heard Theodore Roosevelt speak, and offers his thoughts on the speech. He largely agrees with Roosevelt’s views, but offers his own opinion on Roosevelt’s point about the presumed honesty of small businessmen, and explains his own views on how he would like the public to view corporations. Higginson wishes people could see that corporations are also run by people, and can be instruments of good, even while he admits that government supervision of them is not bad. In a long postscript, Higginson continues elaborating on a number of topics, including how standards of products have changed for the better, railroad rebates, and how people’s upbringing can shape how they interact with the world.

Collection

Library of Congress Manuscript Division

Creation Date

1911-02-25

Creator(s)

Higginson, Henry Lee, 1834-1919

A lookin on the Outlook

A lookin on the Outlook

President Roosevelt sits at a desk labeled “Associate Editor” and filled with papers. On the ground is a bear skin rug and two papers: “Onward Standard Soldiers” and “The Science of Rebating.” There are three other offices: “Mr. Rogers, Managing Editor,” “Mr. Rockefeller, Editor and General Manager,” and “Mr. Archbold, Stenographer.” Rogers says, “Tell Teddy to put a four line head on that story defending our rebates!” Rockefeller says, “Tell Teddy to write an editorial on the persecution of the trusts!” On the wall is a picture of Judge Kenesaw Mountain Landis and a sign that reads, “In oil we trust.” Roosevelt’s big stick is in the corner.

comments and context

Collection

Library of Congress Manuscript Division

Creation Date

1908-11-16

Car trust exacts heavy rate toll

Car trust exacts heavy rate toll

Government investigations have revealed that many railroads have been violating portions of the interstate commerce act with regards to rebates and monopolies, and a number of railroad executives will be called upon to testify before the Interstate Commerce Commission. It is anticipated that testimony will show that the passage of the Elkins law did not stop the practice of paying rebates, but simply changed the form they took. This article presents additional analysis of what is expected to be presented to the commission, as well as the anticipated witnesses to be called.

Collection

Library of Congress Manuscript Division

Creation Date

1904-10-09

Creator(s)

Unknown