Tuesday, March 1, 2011

Railroads


Teddy Roosevelt, a lover of Progressivism, attacked the sprawling railroad octopus. The Elkins Act of 1903 was aimed to impose heavy fines on railroads that gave rebates to shippers who used the railroads. More effective than the Elkins Act was the Hepburn Act which said the giving of free passes by the railroads was restricted. In addition to these Acts, the Interstate Commerce Commission was expanded to have more power over the Railroads as well.

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