What is a good trust for Teddy Roosevelt?

What is a good trust for Teddy Roosevelt?

This cartoon's general objective is to show Theodore Roosevelt's leadership and his categorization of "good trusts" and "bad trusts." He thought that excellent trusts, even if they controlled vast enterprises, delivered good services at affordable prices. Bad trusts, including the railroad industry, took advantage of their customers by raising prices or reducing service.

The cartoon depicts TR as a cowboy riding into town with a bad trust on his back. The people in the town throw rocks at him but he rides right through them all and reaches the other side of the street unharmed. This shows that good trusts can reach across political lines to provide services to their customers while bad trusts focus on making money instead.

After this introduction, the cartoon moves on to explain that New York City's subway system is being controlled by an electric company that is owned by the railway industry. This demonstrates that bad trusts can also control things that we rely on every day such as transportation systems. In addition, the subway cars are old and need to be replaced, but the cost of replacing them has not been covered by the company who owns the system. This shows that good trusts are needed in order to provide services at low prices so that consumers can afford them.

At the end of the cartoon, it says that Roosevelt established a new agency called the Bureau of Corporations that was responsible for investigating business practices within the United States.

Why did President Theodore Roosevelt undertake the trust-busting efforts symbolized by the cartoon?

The cartoon depicts Teddy Roosevelt's belief that there were "good trusts" and "bad trusts," and that he was determined to control the "bad trusts" while having no intention of shutting down the "good trusts," but the trusts that Teddy Roosevelt destroyed became motivation for other trusts to reform themselves.

Teddy Roosevelt believed that big business was not playing by the rules, so he took action to fix this problem by writing laws that would protect consumers and their interests. The trusts that Roosevelt broke up used their money and power to influence politicians, who passed legislation in favor of them. This allowed the companies to grow even larger than they already were. But after Congress refused to pass laws that Roosevelt wanted them to, he used his executive power to attack the trusts by using the government to break them up.

You may have heard of some of these companies that were destroyed by Teddy Roosevelt: AT&T, United States Steel, and Standard Oil. These are all "bad" or "monopoly" businesses today because they have too much power over prices or products. However, many people forget that Teddy Roosevelt also destroyed several companies that were running their businesses correctly and within the law, such as the American Tobacco Company, Alcoa, and Eastman Kodak. These are all "good" businesses today because they are competitive and don't abuse their power.

What was the difference between good trusts and bad trusts in Roosevelt’s eyes?

Teddy Roosevelt with Bear Political Cartoon The bear labeled "bad trust" represents corrupt trusts, whereas the bear labeled "good trusts" represents non-corrupt trusts. A hardworking, non-corrupt corporation is represented by the bear that is not identified on the right side.

He believed that the government had a role to play in regulating industries to ensure fair competition and protect consumers from being taken advantage of. He also believed that corporate governance needed to be reformed by requiring transparency in business practices and by increasing the participation of shareholders in decision-making processes. In addition, he advocated for women's rights, civil rights, and environmental protection.

Although he supported industry, Teddy Roosevelt was critical of those companies that abused their power by engaging in monopolistic or anti-competitive behaviors. He called these businesses "bad trusts," and he worked to limit their influence over politics and government.

Good trusts were defined as those that complied with federal law and treated their employees fairly. They also included corporations that engaged in no unfair practices and didn't interfere with competition.

Bad trusts were responsible for creating many American industries, such as AT&T, Coca-Cola, Eastman Kodak, General Electric, IBM, JP Morgan, Procter & Gamble, and U.S. Steel. They also include corporations that received federal aid during Roosevelt's presidency, such as Gulf Oil, International Paper, and USX.

About Article Author

Dorothy Harvey

Dorothy Harvey is a novelist, but she also writes books about how to survive the zombie apocalypse. She's written about three different ones, and her latest one will be out in spring of 2019. She loves all kinds of movies-action, sci-fi, horror, and comedy are her favorites-but she's not picky about what she watches. As long as it's got an interesting plot and good acting, she'll be on board.

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