What President Broke Up Standard Oil? While publicly attacking Standard Oil and other trusts, President Theodore Roosevelt did not favor breaking them up. He preferred only to stop their anti-competitive abuses. On November 18, 1906, the U.S. attorney general under Roosevelt sued Standard Oil of New Jersey and its affiliated companies making up the trust.
Which Was The Immediate Goal Of The Standard Oil Company When It Lowered Its Prices? Which was the immediate goal of the Standard Oil Company when it lowered its prices? big business would ultimately lead to a higher standard of living. How did Standard Oil eliminate its competition? The Standard Oil Company became known for
What Did Ida Tarbell Expose About Standard Oil? One result largely attributable to Tarbell’s work was a Supreme Court decision in 1911 that found Standard Oil in violation of the Sherman Antitrust Act. The Court found that Standard was an illegal monopoly and ordered it broken into 34 separate companies. Bloodied, Rockefeller and Standard were