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United States. Bureau of Corporations

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Memorandum from the Bureau of Corporations

Memorandum from the Bureau of Corporations

The Bureau of Corporations submits railroad rate changes for the transportation of petroleum in many eastern and southern states and in California. The Standard Oil Company and the Union Oil Company are mentioned. Five names appear on p. 21: W. B. Barr, Chicago, Illinois; J. A. Middleton, St. Louis, Missouri; G. A. Kumer, Mt. Vernon, Illinois; F. C. Reilly, Chicago, Illinois; and S. J. Cooke, Chicago, Illinois. Handwritten editing notes by an unknown person appear throughout the document.

Collection

Library of Congress Manuscript Division

Creation Date

1906-06-05

Letter from James Rudolph Garfield to Theodore Roosevelt

Letter from James Rudolph Garfield to Theodore Roosevelt

Commissioner of Corporations Garfield summarizes for President Roosevelt portions of the oil report. The report uncovered the practice of railroad lines in the Northeast and Midwest offering Standard Oil Company secret discounted rates in the interstate transportation of oil. Both railroad and Standard Oil representatives deny any wrongdoing.

Collection

Library of Congress Manuscript Division

Creation Date

1906-05-16

Speech delivered by William H. Taft

Speech delivered by William H. Taft

Secretary of War Taft discusses the “misuse and abuse” that has led to the concentration of capital “in the hands of the comparatively few,” and the demand of the public for legislation to restrain, regulate, and supervise “the exercise of the mighty means of good and evil which organized capital has proven to be.” Taft stresses, however, it is important to keep in mind that wealth used as capital for the production of goods and services is essential to the life and comfort of the people, and without it, the country would not have prospered. Taft provides a history of government involvement in regulating “organized capital” through legislation and discusses present efforts to expand the rights of laborers.

Collection

Library of Congress Manuscript Division

Creation Date

1906-08-29

Hughes’ reply to Bryan

Hughes’ reply to Bryan

A compiled publication that features Governor of New York Charles Evans Hughes’s full speech highlights, select sentences of importance, and supporting quotations from other politicians. In his speech, Hughes outlines the Republican Party’s successes in promoting the nation’s welfare. William H. Taft is a highly qualified candidate who will prevent injustices and ensure continued progress. Democrat candidate William Jennings Bryan’s unsuccessful 1896 campaign illustrates not only his failures but those of his party.

Collection

Library of Congress Manuscript Division

Creation Date

1908-09-05

An act to regulate commerce among the several states or with foreign nations, and to secure publicity of certain contracts concerning such commerce

An act to regulate commerce among the several states or with foreign nations, and to secure publicity of certain contracts concerning such commerce

This act states that corporations must file contracts affecting interstate or international trade with the Interstate Commerce Commission, which then has the ability to determine if those contracts represent an unreasonable restraint of trade. The commission will also create an index of such contracts, as well as the companies, which will be available to the public. Companies will also be required to periodically update the information they have on file with the Commissioner of Corporations.

Collection

Library of Congress Manuscript Division

Creation Date

1908-03-06

Letter from James Rudolph Garfield to Theodore Roosevelt

Letter from James Rudolph Garfield to Theodore Roosevelt

Commissioner of Corporations Garfield clarifies the position of fourth class postmasters within the classified service. They are part of the classified service but exempted under section 8 of Rule III. However, President William McKinley amended section 8 and made fourth class postmasters subject to a part of Rule II preventing them from using their position “for political purposes, and discriminating against any persons because of religious or political opinions or affiliations.” Garfield regrets that this issue became a newspaper controversy between Postmaster General Henry C. Payne and the Bureau of Corporations.

Collection

Library of Congress Manuscript Division

Creation Date

1903-09-23