The excerpt below is from a speech given by President Theodore Roosevelt in 1908. To permit every lawless capitalist, every law-defying corporation, to take any action,
no matter how iniquitous, in the effort to secure an improper profit and to build up
privilege, would be ruinous to the Republic and would mark the abandonment of the
effort to secure in the industrial world the spirit of democratic fair dealing.
How did President Roosevelt deal with the problem described above?
He proposed federal legislation abolishing corporations.
He refused to enforce patents and copyrights.
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He arrested business leaders for unfair practices.
He filed lawsuits to break up "bad trusts."