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Social responsibility of business

3 Results

Competition will remain

Competition will remain

Newspaper clipping quoting Theodore Roosevelt regarding competition in business. Roosevelt also reminds conservatives that the unfair methods used by businessmen have created more discontent than the rhetoric of all the socialist orators put together, a point which was underlined by a reader.

Collection

Library of Congress Manuscript Division

Creation Date

1911-11-17

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 Edward VII, King of Great Britain

Letter from Theodore Roosevelt to Edward VII, King of Great Britain

President Roosevelt thanks King Edward VII for sending him a book on Sèvres porcelain. Roosevelt comments on the progress of the United States Naval Fleet’s trip to the Pacific, and says that he believes that the interests of English-speaking peoples are the same in both the Atlantic and Pacific. While they should be careful to not unduly insult anyone, they should show that they are able to defend themselves. Roosevelt believes that immigration is a tricky subject, and thinks that large-scale mixing of wage workers of two races can bring about trouble. For the moment, however, Roosevelt believes that internal problems are more pressing than external, and is concerned with making wealthy people realize that they have responsibilities to society.

Collection

Library of Congress Manuscript Division

Creation Date

1908-02-12