Unit 1- Progressive Era - Trust Busting
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William Howard Taft
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Hepburn Act
1906- helped railroads to organize business book keeping
Sherman Antitrust Act
First act passed by congress to prohibit trusts
Trust
When a businesses tries to rip off customers with high prices/ monopoly
Teddy Roosevelt
not against big business 'regulated'
Elkins Act
prevented railroads from giving coupons/discounts rates must be published now
Northern Security Case
railroad company in 1964- tried to monopolize