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In his last two years in office, Roosevelt abandoned his cautious approach toward big business, lambasting his conservative critics and calling on Congress to enact a series of radical new laws. [ 107 ] [ 108 ] Roosevelt sought to replace the laissez-faire economic environment with a new economic model which included a larger regulatory role ...
He viewed big business as essential to the American economy, prosecuting only "bad trusts" that restrained trade and charged unfair prices. [119] Roosevelt brought 44 antitrust suits, breaking up the Northern Securities Company, the largest railroad monopoly, and regulating Standard Oil, the largest oil company. [118]
By 1907 he was denouncing "Malefactors of Great Wealth" (big business) and attacking the courts as too beholden to business. He split with his chosen presidential successor William Howard Taft and in 1912 tried and failed to stop the conservative Republicans from renominating Taft and taking control of the party.
Big stick ideology, big stick diplomacy, big stick philosophy, or big stick policy was a political approach used by the 26th president of the United States, Theodore Roosevelt. The terms are derived from an aphorism which Roosevelt often said: "speak softly and carry a big stick; you will go far". [ 1 ]
Dalton, Kathleen. "Changing interpretations of Theodore Roosevelt and the Progressive era." in Christopher M. Nichols and Nancy C. Unger, eds A Companion to the Gilded Age and Progressive Era (2017): 296–307. Gould, Lewis L. (1992). The Presidency of Theodore Roosevelt. University Press of Kansas. ISBN 978-0-7006-0565-1.
Cortelyou served as secretary until June 1904, when he left to manage Theodore Roosevelt's 1904 reelection campaign. [8] California congressman Victor H. Metcalf succeeded him as secretary and described Cortelyou's work in setting up the department during his short tenure as having been "as thorough and complete" as possible. [20]
Roosevelt mixing ideologies in his speeches in this 1912 editorial cartoon by Karl K. Kneecht (1883–1972) in the Evansville Courier Roosevelt and Hiram Johnson after nomination Roosevelt ran a vigorous campaign, but the campaign was short of money as the business interests which had supported Roosevelt in 1904 either backed the other ...
Pinchot and his allies accused Ballinger of criminal behavior to help an old client of his and thus promote big business. Ballinger was eventually exonerated but the highly publicized dispute escalated a growing split in the Republican Party. Taft took control of the Republican Party in 1912, but Roosevelt started a third "Progressive" party.