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Trusts, Industrial

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Letter from Theodore Roosevelt to Charles J. Bonaparte

Letter from Theodore Roosevelt to Charles J. Bonaparte

President Roosevelt congratulates Attorney General Charles J. Bonaparte for his speech at Chicago, which showed his fair enforcement of the law. His attackers use the press and their wealth to recruit powerful people, like college presidents and corrupt judges, to their side at the cost of the “plain people.” These attackers know that developments like the Hepburn Rate Law, the Sherman Anti-Trust Law, the Pure Food and Drug Act, and protections for workers have been effective against moneyed interests and criminals, but they are often lawyers or editors who answer to the corporations. The individual men to whom he refers are, however, merely puppets, and the true issue should be taken with the offenders who stand behind them and control enormous wealth. He and Bonaparte are not responsible for the economic panic, but are striving for the right “in the spirit of Abraham Lincoln.”

Collection

Library of Congress Manuscript Division

Creation Date

1907-12-23

Letter from Albert A. Wray to Theodore Roosevelt

Letter from Albert A. Wray to Theodore Roosevelt

Former New York Senator Albert A. Wray shares some of his thoughts regarding trusts and corporations with President Roosevelt. Wray believes the establishment of a Bureau of Corporations, or an expansion of the Interstate Commerce Commission would be an effective way of licensing corporations to do international and interstate business, and would prevent them from watering down their stock. Wray believes this watering of stock “is the root of all the trust evils,” and presents evidence to support his proposal.

Collection

Library of Congress Manuscript Division

Creation Date

1902-10-22

Letter from Theodore Roosevelt to Alpheus Geer

Letter from Theodore Roosevelt to Alpheus Geer

Theodore Roosevelt appreciates Alpheus Geer’s letter and is grateful that he understands what he is trying to do. He agrees with Geer regarding the inefficient handling of the trust question. The senseless attack on corporations and refusal to do them justice is “iniquitous.” Roosevelt does not want the presidential nomination.

Collection

Library of Congress Manuscript Division

Creation Date

1911-11-24