Presidential addresses and state papers, Volume 2 (of 7)Roosevelt, Theodore
History
Presidential addresses and state papers, Volume 2 (of 7)
Roosevelt, Theodore
Roosevelt, Theodore, 1858-1919; United States -- Politics and government -- 1901-1909
The Congress has not heretofore made any appropriation for the better
enforcement of the anti-trust law as it now stands. Very much has been
done by the Department of Justice in securing the enforcement of this
law, but much more could be done if the Congress would make a special
appropriation for this purpose, to be expended under the direction of
the Attorney-General.
One proposition advocated has been the reduction of the tariff
as a means of reaching the evils of the trusts which fall within
the category I have described. Not merely would this be wholly
ineffective, but the diversion of our efforts in such a direction
would mean the abandonment of all intelligent attempt to do away with
these evils. Many of the largest corporations, many of those which
should certainly be included in any proper scheme of regulation,
would not be affected in the slightest degree by a change in the
tariff, save as such change interfered with the general prosperity
of the country. The only relation of the tariff to big corporations
as a whole is that the tariff makes manufactures profitable, and
the tariff remedy proposed would be in effect simply to make
manufactures unprofitable. To remove the tariff as a punitive
measure directed against trusts would inevitably result in ruin to
the weaker competitors who are struggling against them. Our aim
should be not by unwise tariff changes to give foreign products the
advantage over domestic products, but by proper regulation to give
domestic competition a fair chance; and this end can not be reached
by any tariff changes which would affect unfavorably all domestic
competitors, good and bad alike. The question of regulation of the
trusts stands apart from the question of tariff revision.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account