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The Hepburn Act was named for its sponsor, ten-term Iowa Republican congressman William Peters Hepburn.The final version was close to what President Theodore Roosevelt had asked for, and it easily passed Congress, with only three dissenting votes. [2]
Merchants complained that some railroad rates were too high. In the 1906 Hepburn Act, Roosevelt sought to give the Interstate Commerce Commission (ICC) the power to regulate rates, but the Senate, led by conservative Nelson Aldrich, resisted. Roosevelt worked with Democratic Senator Benjamin Tillman to pass the bill. They ultimately reached a ...
The main role of the Bureau was to study and report on industry, looking especially for monopolistic practices. Its 1906 report on petroleum transportation made recommendations that became part of the Hepburn Act of 1906, and was used when the Justice Department successfully prosecuted and broke up Standard Oil in 1911.
After both houses of Congress passed a uniform law, Roosevelt signed the Hepburn Act into law on June 29, 1906. In addition to rate-setting, the Hepburn Act also granted the ICC regulatory power over pipeline fees, storage contracts, and several other aspects of railroad operations. [51]
It met in Washington, D.C. from March 4, 1905, to March 4, 1907, during the fifth and sixth years of Theodore Roosevelt's presidency. The apportionment of seats in the House of Representatives was based on the 1900 United States census. Both chambers had a Republican majority.
Citing the shortcomings of the Elkins Act, Progressives began to call for greater regulation of railroad interests, and, in 1906, President Roosevelt signed the Hepburn Act to replace the Elkins Act. The Hepburn Act set maximum freight rates for railroads, representing the greater interests of Americans. [10] The regulations of the Hepburn Act ...
1906 – Pure Food and Drug Act and Federal Meat Inspection Act; 1906 – Hepburn Act; 1906 – Theodore Roosevelt negotiates Treaty of Portsmouth, receives Nobel Peace Prize; Teddy Roosevelt, the Bull Moose, led American progressives in the early 20th century. 1906 – San Francisco earthquake; 1907 – Oklahoma becomes a state; 1907 ...
Theodore Roosevelt (1858–1919) was the 26th President of the United States (1901–1909) and also served as Governor of New York and Vice President.He is known for becoming a leading spokesman for his version of progressivism after 1890.