President Theodore Roosevelt.Regulation
When progressives began to work for reform at the national level, their major goal was government regulation of business. Seeking antitrust laws to eliminate monopolies, they also supported lower tariffs, a graduated income tax, and a system to control currency. They found a spokesperson in President Theodore Roosevelt.Regulation, Roosevelt believed, was the only way to solve the problems caused by big business. A leading publicist for progressive ideals, Roosevelt became known as a trustbuster. He revived the Sherman Antitrust Act, vigorously enforcing it to break up large trusts that reduced competition and controlled prices. He also pursued a railroad monopoly, took on the meatpacking trust, and attacked oil, tobacco, and other monopolies. In 1906 Roosevelt helped push through a meat inspection act, the Pure Food and Drug Act, and the Hepburn Act. This law expanded the regulatory powers of the Interstate Commerce Commission, the agency that regulated commercial activity crossing......
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President Theodore Roosevelt.Regulation
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