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WILLIAM HOWARD TAFT

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:700.00 - 900.00 USD
WILLIAM HOWARD TAFT
<p><b><span style='font-size:12.0pt;font-family:Arial; color:windowtext'>WILLIAM HOWARD TAFT </span></b><span style='font-size:12.0pt;font-family:Arial;color:windowtext'><BR><BR></span><b><span style='font-size:14.0pt;font-family:Arial;text-transform:uppercase'>taft’s antitrust activities</span></b><span style='font-size:12.0pt;font-family:Arial; color:windowtext'><BR><BR>(1857-1930). Twenty-seventh President of the United States (1909-13) and Chief Justice of US Supreme Court (1921-30), the only person in US history to head two branches of the federal government. Important TLS as President, 1p, 4to, Washington, May 10, 1910. On White House letterhead to Congressman Henry A. Cooper regarding an amendment to the <u>Mann-Elkins Act</u>, designed to give the Interstate Commerce Commission more power to fight monopolies, especially railroads and the growing telephone and telegraph industry. In full, “<i>I find on further examination as to the point that I asked you to come and talk to me about, that I was told that section 12 of the act could be passed if an amendment proposed by Mr. Good of Iowa were adopted. The amendment, as I recollect it, submitted to the Interstate Commerce tribunal the question whether the line in which the stock is acquired is a competing line or not. The part of Section 12 I should like to retain is the part which denounces the acquisition of stock of one railway in the competing line; in other words the first 27 lines in the section. While this may be covered by the antitrust law it is a specific denunciation of a particular form of that which makes prosecution, and proof of it, much more easy than otherwise</i>.” The Mann-Elkins Act was passed on June 18, 1910. An excellent letter indicative of Taft’s keen legal mind. Boldly signed. Fine.</span></p>