As industrialization grew, President Roosevelt felt the need to control the power and influence exerted by the ruthless and unethical practices of the robber barons who headed big business corporations. While Roosevelt didn't want to eliminate big business because businesses did help America's economy, but all he wanted to do was regulated business because he wanted to protect the welfare of society. For instance, just after 5 months into office, Roosevelt sued J.P. Morgan’s Northern Securities Company to halt its monopolization of the western railways. Eventually Morgans monopoly was crushed and the Supreme Court used to power to break up Northern Securities for violating the Sherman Antitrust Act. By crushing Morgans monopoly, “Roosevelt gained the reputation of a trust buster but in actuality he was none other than trust regulator”(History.org). Roosevelt viewed big business as a necessary part of the American economy, and sought only to prosecute the "bad trusts" that harmed the public and stifle competition. Besides breaking up the largest
As industrialization grew, President Roosevelt felt the need to control the power and influence exerted by the ruthless and unethical practices of the robber barons who headed big business corporations. While Roosevelt didn't want to eliminate big business because businesses did help America's economy, but all he wanted to do was regulated business because he wanted to protect the welfare of society. For instance, just after 5 months into office, Roosevelt sued J.P. Morgan’s Northern Securities Company to halt its monopolization of the western railways. Eventually Morgans monopoly was crushed and the Supreme Court used to power to break up Northern Securities for violating the Sherman Antitrust Act. By crushing Morgans monopoly, “Roosevelt gained the reputation of a trust buster but in actuality he was none other than trust regulator”(History.org). Roosevelt viewed big business as a necessary part of the American economy, and sought only to prosecute the "bad trusts" that harmed the public and stifle competition. Besides breaking up the largest