Teddy Roosevelt’s Square Deal Presidency 1901 – 1908 Read pp. – 535-540 and take notes using the chart below Regulating Big Business Protecting the Environment -Tycoons: J. P. Morgan, James J. Hill, and E. H. Harriman joined their railroads together to eliminate the competition. -For violating the Sherman Antitrust Act, the following year, Teddy Roosevelt directed the U.S. attorney general to sue the Northern Securities Company. -Since the Supreme court came to the conclusion that the monopoly violates the Sherman Antitrust Act, it ordered the corporation dissolved. -A trust busting campaign was created by an encouraged Roosevelt administration. -But, the size of the trust was not the issue. What mattered was whether a particular trust was good or bad for the American public. -Bad trusts like the ones that sold inferior products, competed unfairly, or corrupted public officials were went after by the Roosevelt administration. -Regulation was another way to make sure that businesses competed more fairly. -The Elkins Act was passed, which prohibited railroads’ acceptance of rebates. -This act made sure that all of the customers would pay the same rates for the shipping of their products. - Some food producers, drug companies, and meat packers were selling dangerous products to an unknowing public- which means that these consumers were unaware of what they were consuming. -“We of an older generation can get along with what we have, … but in your full manhood and womanhood you will want what nature once so bountifully supplied and man so thoughtlessly destroyed; and because of that want you will reproach us, not for what we have used, but for what we have wasted.” -Theodore Roosevelt -Before Teddy become president, the federal government had left the resources of the nation, largely unregulated. -Gifford Pinchot also shared Roosevelt’s view Came up with the word conservation to describe the need to protect the country’s natural environment. -"The conservation of natural resources is the key to the future. It is the key to the safety and prosperity of the American people." shows Pinchot’s belief that scientific management of the natural resources was crucial to sustaining them, in order to serve the needs of the nation. - The Antiquities Act of 1906 was what had led to the creation of 18 national monuments during the time period the Roosevelt was president. For many historians, environmental conservation is Teddy Roosevelt’s greatest legacy. Which law(s) do you feel were important? How would you rate Teddy as a president? The Antiquities Act of 1906 seemed to me, to be one of the most important laws. It was one that led to the creation of 18 national monuments during Roosevelt’s presidency; and it also included environmental conservation, which the historians believe, is Roosevelt’s greatest legacy. I would rate Teddy as a good president, considering he took under recognition for the things that needed to be focused on, for example- natural resources. Teddy knew that they were limited, and tried to figure out a way that they could be controlled.