USA HISTORY

Detailed explanation-1: -In spite of this, during President Theodore Roosevelt’s “trust busting” campaigns at the turn of the century, the Sherman Anti-Trust Act was used with considerable success. In 1904, the Supreme Court upheld the government’s suit to dissolve the Northern Securities Company in Northern Securities Co.

Detailed explanation-2: -Learn how during his presidency, Theodore Roosevelt worked to restrict the amount of power held by corporate America. Roosevelt took on Industrial Trusts and J.P. Morgan Bank, and was successful in breaking up monopolies.

Detailed explanation-3: -Roosevelt, a Republican, confronted the bitter struggle between management and labor head-on and became known as the great “trust buster” for his strenuous efforts to break up industrial combinations under the Sherman Antitrust Act.