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Thursday, March 28, 2013

Trusts

                 

    Trusts were very beneficial to the proprietors of the compiles exactly to the consumers of the companies it was not serving the humankind justice. The currentness would be owned by a owner who also owned many other companies in the same(p) business. The they would set all of the prices extremely high so on that point would be no other choice but requital the high prices. The problems that trusts served to the public was that the prices were fixed which means they were extremely high. somewhat companies that were trusts were the Standard Oil caller owned by Rockefeller and the Yankee Securities Company. Many trusts would be the only company in that domain of business, and that owner would be considered the captain of the labor,  really they just were monopolizing the indus provide so they could make a profit with disregarding the nearly being of the consumers. Trusts where not serving the public well which chairperson Theodore Roosevelt disliked and made it a target of his to reform. In the hold by Ida Tarbell She discusses the rise of the Southern advancement Company. The Southern Improvement Company was an example of Rockefeller and his trusts, Ida Tarbell wrote about how all oil companies combine and created the Southern Improvement Company.

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Ida Tarbell exposed the the Southern Improvement Company for what it really was, a trust. Which allowed President Theadore Roosevelt to co me in and annihilate the false company and the trust.  Ida Tarbells article also exposed the trust to the public ruined the company, which was good for the public and society but not as good for the company it self.  

        Teddy Roosevelt was cognise as a trust buster and he targeted the trusts to try and serve the public good. In Theodore Roosevelts eyes trusts were in desperate need to be destroyed. He made sure the government enforced the laws against the trusts. He informed the regulations and busted companies that did not follow them. The Sherman anti-trust act was to protect the...If you want to get a full essay, order it on our website: Orderessay



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