Colonel Roosevelt - Edmund Morris [384]
41 For two and a half Margulies, “La Follette”; Mowry, TR, 183, 293–94.
42 As James Bryce noted Bryce to Sir Edward Grey, 24 Oct. 1911, Bourne, British Documents, pt. 1, ser. C, 15.48; Moody quoted in German, “Roosevelt, Taft, and United States Steel.” The latter concludes that TR was indeed misled. He was falsely told, among other things, that Moore & Schley held a majority of TC&I stocks; TC&I’s potential wealth and competitive threat to U.S. Steel were underplayed; he did not know that TC&I was paying dividends, and investing heavily in itself, at the time of purchase. In 1920, however, the Supreme Court found the steel company innocent of antitrust activity.
43 I know you” TR, Letters, 7.430–31.
44 He told two Ibid., 7.417, 422. According to La Follette, Autobiography, 535–37, TR had by this time been informed by two roving correspondents, Gilson Gardner and John C. O’Laughlin, as to the impressive extent of progressive opposition to WHT across the country. But the senator’s suggestion that this information caused TR at once to lust for the nomination is contradicted by the repeated testimony of TR’s letters for the rest of 1911. Harbaugh, TR, 384, comments: “Whatever his subconscious desires, his rational self opposed a bid for the nomination.”
45 At Carnegie Hall TR, Letters, 7.424, 421. This letter is a good example of TR’s need to imagine enemies. On 20 Oct. 1911, The New York Times, to cite just one newspaper generally critical of him, gave his Carnegie Hall speech long, respectful, and positive coverage, with copious quotations of the text. It reported that the hall was “crowded to the doors,” that he was greeted with a universal standing ovation, and that he expressed his “highest respect for the judiciary.” TR noticed only that the Times did not print his speech in full.
46 worked with extreme care TR, Letters, 7.435. “Nobody knows how much time I put into my articles for The Outlook,” TR told Charles Washburn one day, pulling a manuscript out of his pocket. Washburn, TR, 151.
47 The article, headlined TR, Letters, 7.454; Boston Globe, 17 Nov. 1911; Mowry, TR, 192. Although the issue of The Outlook containing TR’s editorial was date-lined 18 Nov., his words were effectively published two days earlier.
48 Roosevelt tersely reaffirmed The following quotations are taken from The Outlook, 18 Nov. 1911.
49 Admitting that he The Northern Securities Company was dissolved by order of the Supreme Court in Mar. 1904, Standard Oil and American Tobacco in the spring of 1911. Although TR authorized all three successful prosecutions, he was not satisfied with the last two, feeling that the essential dominance of either trust in its industry was unaffected by the Court’s vague application of a “rule of reason” to antitrust law. This dissatisfaction fueled his demand for “continuous and comprehensive government regulation” of combinations. TR, Letters, 7.277–78; Harbaugh, TR, 379–81.
50 as long as they did not monopolize A contemporary historian waxes poetical in his sample listing of Progressive Era trusts: “Continental Cotton and U.S. Glue; National Biscuit and National Glass; American Bicycle and American Brass.” Michael McGerr, A Fierce Discontent: The Rise and Fall of the Progressive Movement in America, 1870–1920 (New York, 2003), 151.
51 But those who thought Harbaugh, TR, 380, remarks on the irony that TR here echoed the very reservations about piecemeal prosecutions that had enraged him when Justice Oliver Wendell Holmes expressed them in dissenting from the U.S. v. Northern Securities decision of 1904.
52 it was regarded Boston Globe, 17 Nov., The New York Times, 18 Nov., The Washington Post, 17 Nov., New York World, 18 Nov. 1911. Andrew Carnegie, Grenville M. Dodge, and other industrial magnates also praised