+ From Wikipedia: "By 1904, 318 trusts controlled about two-fifths of the nation's manufacturing output, not to mention powerful trusts in non-manufacturing sectors such as railroads, local transit, and banking. Roosevelt decided to do something about it. Roosevelt worked to increase the regulatory power of the federal government. Regulation of railroads was strengthened by the Elkins Act and especially the Hepburn Act of 1906, which had the effectively favored merchants over the railroads. Under the president's leadership, the Attorney General brought forty-four suits against monopolies. Notably, J.P. Morgan's Northern Securities Company a huge railroad combination, was broken up. To raise the visibility of labor and management issues onto the federal stage, he established the new Department of Commerce and Labor."