When Theodore Roosevelt took on John Pierpont Morgan

United States News News

When Theodore Roosevelt took on John Pierpont Morgan
United States Latest News,United States Headlines
  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Not long ago, the description of a crisis that closed schools and factories would have seemed an outlandish relic. Today, the parallels with the pandemic-stricken economy are stark

might be content to write about either John Pierpont Morgan, possibly the world’s most famous banker, or Theodore Roosevelt , one of America’s best-loved presidents. But “The Hour of Fate” by Susan Berfield is richer for tackling them together. Set during Roosevelt’s first term, which saw the pair locked in battle, then co-operate to resolve a national crisis, her book vividly brings both men to life.

The book focuses on two linked events that thrust them together. In the first, Roosevelt shines as he doggedly dismantles Northern Securities, a coal and railroad behemoth that Morgan and other bigwigs put together in 1901 . The zenith of Roosevelt’s first term, in which he earned his stripes as a trustbuster, was the Supreme Court’s decision in 1903 to uphold the break-up.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheEconomist /  🏆 6. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

John Daly Says 16-Year-Old Son Has Golf Superstar Potential, He Outdrives Me!John Daly Says 16-Year-Old Son Has Golf Superstar Potential, He Outdrives Me!Now, on the tee ... the favorite for the 2028 Masters -- John Daly II?!?!
Read more »

Behind the scenes of “A Confederacy of Dunces”Behind the scenes of “A Confederacy of Dunces”“I, John Kennedy Toole” tells the story of a cult novel and its ill-starred author
Read more »

Supreme Court Won’t Force States To Reopen ChurchesSupreme Court Won’t Force States To Reopen ChurchesChief Justice John Roberts cast the deciding vote in a rare late-night ruling.
Read more »

Microsoft's carbon initiative could be big business: Morgan Stanley - Business InsiderMicrosoft's carbon initiative could be big business: Morgan Stanley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »

Piers Morgan extends Good Morning Britain contract for another yearPiers Morgan extends Good Morning Britain contract for another yearFans of Piers can be assured he will be on screens until the end of 2021 at the very least after inking a new deal to stay on the ITV early morning news programme
Read more »

Piers Morgan fans 'disgusted' after he flashes his wealth in 'unnecessary' postPiers Morgan fans 'disgusted' after he flashes his wealth in 'unnecessary' postThe controversial Good Morning Britain star was accused of gloating about his fortune while others can't afford to put food on the table amid the coronavirus crisis
Read more »



Render Time: 2025-02-18 00:56:30