"Roosevelt himself typified the weaknesses of the middle class fight against trustifying capitalism. After this investigation of the Meat Trust, it was clear that Theodore Roosevelt's talk about "trust-busting" was a mere gesture. He saw the popular demand for reform and took it up as a political maneuver. He played up to the small capitalists with a few prosecutions under the Sherman Anti-Trust Act. He was violent in denouncing Big Business and the "malefactors of great wealth," as he called them. But he did nothing to stop Morgan's U. S. Steel Corporation when it took over the Tennessee Coal & Iron Co. in the panic of 1907. No one took his anti-trust talk very seriously. He was an imperialist employing "dollar diplomacy" to build up American colonies."
Theodore Roosevelt

January 1, 1970