Roosevelt, TR teddy

http://en.wikipedia.org/wiki/Theodore_Roosevelt

each wave of indust had wave of citizen reaction eg TR progressives

Lacey act allows pres to create nat'l monuments; muir cap sierra led to protection; congr tried to take away ability to make parks, so TR and gifford on belly on maps set aside 17mill acres right before deadline 36 rescued teddy bear on hunt trip; forest service guys called cossacks, gifford Czar Pinchot" 36 strat ignor

Bloomberg News investigative reporter Susan Berfield recounts the fight between President Theodore Roosevelt and financier J.P. Morgan over the size of corporations and government intervention at the turn of the 20th century.

https://www.c-span.org/video/?476132-1/the-hour-fate

New Jersey was the first to start the race to the bottom by loosening restrictions on corporations followed by charter-mongering in Delaware, and Maryland) . Governor Woodrow Wilson fretted and tried to reverse 1912-3 (Allison).

Teddy Roosevelt Bull Moose run, called for a ban on corporate money in politics; unregulated business is a plutocracy; only fed power can control (60 crier)

Standard Oil avoided all limits by being a trust, that could own other co's; trust busting

Sherman Act only went after bad behavior, i.e. illegal methods to gain monopolies, other tactics allowed (Crier 52). By 1935 1/10th of 1 percent of US corporations owned 52% of all corporate assets.

nomi prins said TR did not go after banks on trust busting b/c JPM was operating as proto-Fed?

trust busting was not proactive but reactive?