1. Industrial Giants
In 1882 he established the Standard Oil Trust. Congress than passed the Sherman anti-trust act, originally to stop from monopolies but it ended up hurting labor organizations. ... The validity of the historians is to some extent accurate because the U.S. didn't take action right away, and let the courts misinterpret the Anti-Trust Act. ... So government passed the Interstate Commerce Act in 1887, to make sure that charges on railroads were fair. ...
- Word Count: 488
- Approx Pages: 2
- Grade Level: High School