P ROGRESSIVE E RA Theodore Roosevelt

S QUARE D EAL 1901 – Theodore Roosevelt becomes president when McKinley is shot Implements series of domestic policies known as the “Square Deal” 3 Cs Corporations Consumers Conservation

S QUARE D EAL "When I say I believe in a square deal I do not mean... to give every man the best hand. If the cards do not come to any man, or if they do come, and he has not got the power to play them, that is his affair. All I mean is that there shall be no crookedness in the dealing." (1905) How does this philosophy align with or counter the prevailing sentiments of the Gilded Age? Think business, politics, etc.

S HERMAN A NTI -T RUST A CT 1890 – meant to prevent trusts and monopolies Full of loopholes Was actually used against labor “restraint of trade”

C ORPORATIONS : A NTI -T RUST Roosevelt believed big business was essential to the nation’s growth but also believed companies should behave responsibly; serve the public interest. Some make products affordable and efficient for consumers In 1901, when three tycoons joined their railroad companies together to eliminate competition, their company, the Northern Securities Company, dominated rail shipping from Chicago to the Northwest. The following year, Roosevelt directed the U.S. attorney general to sue the company for violating the Sherman Antitrust Act, and the Court ruled that the monopoly did, in fact, violate the act and must be dissolved. After this ruling, the Roosevelt administration launched a vigorous trust-busting campaign. Size didn’t matter; the administration went after bad trusts that sold inferior products, competed unfairly, or corrupted public officials.

C ORPORATIONS : R EGULATION Elkins Act (1903) Prohibited railroads from accepting rebates Ensured that all customers paid the same rates for shipping their products Hepburn Act (1906) Strengthened the Interstate Commerce Commission (ICC), giving it the power to set maximum railroad rates Gave the ICC power to regulate other companies engaged in interstate commerce

M UCKRAKERS “Men with the muckrake are often indispensable to the well-being of society…” Theodore Roosevelt, 1906

C ONSUMER P ROTECTION (1906) The Meat Inspection Act required federal government inspection of meat shipped across state lines. The Pure Food and Drug Act outlawed food and drugs containing harmful ingredients, and required that containers carry honest ingredient labels.

C ONSERVATION "Optimism is a good characteristic, but if carried to an excess, it becomes foolishness. We are prone to speak of the resources of this country as inexhaustible; this is not so." Theodore Roosevelt Seventh Annual Message to Congress, December 3, 1907

C ONSERVATION : THE C OMMON G OOD Resources are limited, so conservation is imperative Named a professional conservationist to head US Forest Service (Gifford Pinchot) Roosevelt disagreed with John Muir, a staunch preservationist Muir believed all land should be protected Roosevelt believed some should be protected, while other should be developed for the common good Things like dams, canals, irrigation, mining, etc.

C ONSERVATION 150 National Forests. 51 Federal Bird Reservations. 4 National Game Reserves. 5 National Parks. 18 National Monuments. (1906 Antiquities Act) 24 Reclamation Projects. 7 Conservation Conferences and Commissions.

C LAYTON A NTI -T RUST A CT (1914) Intended to supplement and strengthen enforcement of antitrust laws. Added new forms of prohibited conduct, such as “mergers and acquisitions where the effect may substantially lessen competition” Also gave state attorneys general the ability to enforce the federal antitrust laws