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Theodore Roosevelt Research Paper Outline

773 Words4 Pages

Theodore Roosevelt, the former U.S. president, is nominated for the presidency by the Progressive Party, a group of Republicans dissatisfied with the renomination of President William Howard Taft. Also known as the Bull Moose Party, the Progressive platform called for the direct election of U.S. senators, woman suffrage, reduction of the tariff, and many social reforms. Roosevelt, who served as the 26th president of the United States from 1901 to 1909, embarked on a vigorous campaign as the party’s presidential candidate. A key point of his platform was the “Square Deal”–Roosevelt’s concept of a society based on fair business competition and increased welfare for needy Americans.
Trust busting
He believed WALL STREET FINANCIERS and powerful …show more content…

This law declared illegal all combinations "in restraint of trade." For the first twelve years of its existence, the Sherman Act was a paper tiger. United States courts routinely sided with business when any enforcement of the Act was attempted.
This was the core of Theodore Roosevelt's leadership. He boiled everything down to a case of right versus wrong and good versus bad. If a trust controlled an entire industry but provided good service at reasonable rates, it was a "good" trust to be left alone. Only the "bad" trusts that jacked up rates and exploited consumers would come under attack. Who would decide the difference between right and wrong? The occupant of the White House trusted only himself to make this decision in the interests of the people.
The American public cheered Roosevelt's new offensive. The Supreme Court, in a narrow 5 to 4 decision, agreed and dissolved the Northern Securities Company. Roosevelt said confidently that no man, no matter how powerful, was above the law. As he landed blows on other "bad" trusts, his popularity grew and grew. When Teddy Roosevelt left office in 1909, he felt assured that he was leaving the nation able hands; Roosevelt's successor was his friend, former Secretary of War William Howard Taft. Having enjoyed his travels in Europe and the Middle East with his family as a young boy, as well as his two years as a rancher in the Dakotas and countless hunting …show more content…

To do so, though, meant launching a third party initiative, as Taft was running on the Republican Party ticket. So Roosevelt formed the Progressive Party, also known as the "Bull Moose Party," and began campaigning for the 1912 election. While delivering a speech on the campaign trail in Milwaukee, Wisconsin, Roosevelt was shot in the chest in an assassination attempt by John Nepomuk Schrank. Shockingly, he continued his speech for 90 minutes before seeing a doctor, later chalking up the incident to the hazards of the

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While in his presidency, Theodore Roosevelt experienced moderate success in his role as an economic regulator of big business. ​In some cases, Teddy Roosevelt showed his ability to bust trusts. Trusts were a monopoly on goods or services, usually managed by a large overarching corporation. Trusts were illegal under the Anti-Sherman Trust Act of 1890. Unenforced, the act rarely was useful or used to eliminate trusts in the American economy.

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