| Line 85: |
Line 85: |
| | Roosevelt worked closely with Congress to pass important laws (the 1903 Elkins Act and the 1906 Hepburn Act), that regulated railroad rates for the benefit of shippers and consumers, while injuring the railroads (which were assumed to be so rich that they could always pay). The new laws retarded the growth of the South, which the railroads could no longer afford to subsidize.<ref> Albro Martin, "The Troubled Subject of Railroad Regulation in the Gilded Age - a Reappraisal." ''Journal of American History'' 1974 61(2): 339-371 [http://www.jstor.org/stable/1903953 in JSTOR]</ref> | | Roosevelt worked closely with Congress to pass important laws (the 1903 Elkins Act and the 1906 Hepburn Act), that regulated railroad rates for the benefit of shippers and consumers, while injuring the railroads (which were assumed to be so rich that they could always pay). The new laws retarded the growth of the South, which the railroads could no longer afford to subsidize.<ref> Albro Martin, "The Troubled Subject of Railroad Regulation in the Gilded Age - a Reappraisal." ''Journal of American History'' 1974 61(2): 339-371 [http://www.jstor.org/stable/1903953 in JSTOR]</ref> |
| | ====Antitrust==== | | ====Antitrust==== |
| − | Roosevelt expressed an antitrust image within a probusiness framework. Critics who have measured Roosevelt's success by the number of antitrust suits he brought or won miss the essentially rhetorical purposes of his involvement with corporate America. His primary emphasis involved the promotion of the proper attitude in corporate leaders and the general public regarding the role of big business in American society. This Roosevelt did in two ways. First, he argued metaphorically for the necessity of corporations and the restraint of muckraking journalists. Second, along with employing metaphors to chastise big business, Roosevelt assumed the role of moral guardian and preached to corporate leaders to adhere to an ethical standard in business. For Roosevelt, corporate America could be effectively regulated only by its leaders' sense of morality and spirit of public service.<ref> Leroy G.; Dorsey, Theodore Roosevelt and Corporate America, 1901-1909: a Reexamination. Presidential Studies Quarterly 1995 25(4): 725-739 </ref> | + | Roosevelt expressed an antitrust image within a probusiness framework. Critics who have measured Roosevelt's success by the number of antitrust suits he brought or won miss the essentially rhetorical purposes of his involvement with corporate America. His primary emphasis involved the promotion of the proper attitude in corporate leaders and the general public regarding the role of big business in American society. This Roosevelt did in two ways. First, he argued metaphorically for the necessity of corporations and the restraint of muckraking journalists. Second, along with employing metaphors to chastise big business, Roosevelt assumed the role of moral guardian and preached to corporate leaders to adhere to an ethical standard in business. For Roosevelt, corporate America could be effectively regulated only by its leaders' sense of morality and spirit of public service.<ref> Dorsey, Leroy G., "Theodore Roosevelt and Corporate America, 1901-1909: a Reexamination," ''Presidential Studies Quarterly'' 1995 25(4): 725-739 </ref> |
| | | | |
| | + | ===Moving left=== |
| | + | [[File:TR-Farewell.jpg|thumb|320px|TR moves left in his 1908 Farewell Address]] |
| | + | Roosevelt moved left in 1907-08, criticizing the courts, promoting labor unions, and attacking big business. The Republican leadership in Congress ignored his radical proposals, and waited for his successor--Taft--to take over the White House. |
| | ===Foreign Policy=== | | ===Foreign Policy=== |
| | Roosevelt's administration was marked by an active approach to foreign policy. He followed four basic principles: 1) promoting broadly defined American interests worldwide, 2) building American military and naval power and control over strategic points (especially the Panama canal and its approaches), 3) cooperation with the British, and 4) there was a social contract between the nation's citizens and its government, such that civilized nations had a right of intervention in cases in which such a contract had been broken. His foreign policy was well suited for the challenges of the world; he anticipated later attitudes and developments well into the 20th century and even the 21st century, as exemplified by [[John McCain]] in 2008.<ref> M. Patrick Cullinane, "Invoking Teddy: the Inspiration of John Mccain's Foreign Policy." ''Diplomacy & Statecraft'' 2008 19(4): 767-786 </ref> He combined a credible realist and internationalist approach with great attention to detail and full appreciation of the importance of diplomatic finesse. | | Roosevelt's administration was marked by an active approach to foreign policy. He followed four basic principles: 1) promoting broadly defined American interests worldwide, 2) building American military and naval power and control over strategic points (especially the Panama canal and its approaches), 3) cooperation with the British, and 4) there was a social contract between the nation's citizens and its government, such that civilized nations had a right of intervention in cases in which such a contract had been broken. His foreign policy was well suited for the challenges of the world; he anticipated later attitudes and developments well into the 20th century and even the 21st century, as exemplified by [[John McCain]] in 2008.<ref> M. Patrick Cullinane, "Invoking Teddy: the Inspiration of John Mccain's Foreign Policy." ''Diplomacy & Statecraft'' 2008 19(4): 767-786 </ref> He combined a credible realist and internationalist approach with great attention to detail and full appreciation of the importance of diplomatic finesse. |