Anti-trust Legislation Quotes
She had done a monumental exposé of the Standard Oil Company illegal and immoral activities. The public was so aroused that many reforms were instituted and the Standard Oil Company Trust was broken up into many smaller companies. Tarbell was then, in the words of S. S. McClure, “the most famous woman in America.”
While Roosevelt was considered a radical by ultra-conservatives, he was actually considerably to the right of William Jennings Bryan, the Democrats, and most of the populists of day who wanted much more draconian solutions to the abuses of corporations.
Macdarland’s role was the equivalent of the Mayor of Washington DC. As an ally and apologist for McKinley, he felt that the President was doing the best he could to deal with the monopolies who were then keeping competitive capitalism from functioning properly. Vice President Theodore Roosevelt thought McKinley weak and vacillating especially on the “trusts”, and when he assumed the Presidency, he accomplished much more. TR however did not discover the Trust problem. As this quotation shows, there was general political awareness amongst the politicians of the day of the Trust/Monopoly problem in America. It was Roosevelt who did something about it to the distress of many of his own party leaders who had previously intimidated McKinley into inaction.