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Northern Securities Company
American company
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association with Great Northern Railway Company
- In Great Northern Railway Company
…year, Hill set up the Northern Securities Company, a holding company to control the three railroads, with himself as president. The U.S. Supreme Court declared it in violation of the Sherman Anti-Trust Act in 1904 and ordered the company dissolved. The Burlington continued under control of the Great Northern and…
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trust-busting role of Roosevelt
- In Theodore Roosevelt: The Square Deal of Theodore Roosevelt
…a huge railroad conglomerate, the Northern Securities Company. Roosevelt pursued this policy of “trust-busting” by initiating suits against 43 other major corporations during the next seven years. (See primary source document: Controlling the Trusts.) Early in his term, he also sought the creation of an agency that would have the…
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