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Standard Oil (Refinery No. 1 in Cleveland, Ohio, pictured) was a major company broken up under United States antitrust laws.. The history of United States antitrust law is generally taken to begin with the Sherman Antitrust Act 1890, although some form of policy to regulate competition in the market economy has existed throughout the common law's history.
The Panic of 1910–11 was a minor economic depression that followed the enforcement of the Sherman Antitrust Act, which regulates the competition among enterprises, trying to avoid monopolies and, generally speaking, a failure of the market itself. [1]
Ohio was hit very hard by the Great Depression in the 1930s. In 1932, unemployment for the state reached 37.3%. By 1933, 40% of factory workers and 67% of construction labor were unemployed. [119] The voters supported Franklin D. Roosevelt in 1932, 1936, and 1940, with large margins in the cities.
The grant was in two parts: the first 200,000 acres were promised, and the following 300,000 acres were to be granted if the Ohio Company successfully settled one hundred families within seven years. [7] Furthermore, the Ohio Company was required to construct a fort and provide a garrison to protect the settlement at their own expense.
Throughout the 18th and 19th centuries, ideas that dominant private companies or legal monopolies could excessively restrict trade were further developed in Europe. However, as in the late 19th century, a depression spread through Europe, known as the Panic of 1873 , ideas of competition lost favour, and it was felt that companies had to co ...
The Hampshire Federalist, an early American newspaper in New England, published the account of a Dr. Williams, who witnessed the eclipse in Vermont: "From the beginning to the time of the greatest ...
1904 depiction of an acquisitive and manipulative Standard Oil (founded by John D. Rockefeller) as an all-powerful octopus. Robber baron is a term first applied as social criticism by 19th century muckrakers and others to certain wealthy, powerful, and unethical 19th-century American businessmen.
We heard from people across the country when I enlisted the public’s help in identifying some of the photos from a collection of 26 glass plate negatives from the late 1890s and early 1900s.