The Anti-Trust Shadow

William Howard Taft

The Money Booster- Evil Nemesis

The Money Booster got its name due to one of the issues with trusts. This issue was that trusts basically made the rich richer and the poor poorer, therefore the name that came about for the evil nemesis was The Money Booster.

The five evil things The Money Booster or trusts has done:

1) They were only useful to rich people because they made the rich richer and poor poorer.

2) Trusts had monopolistic power.

3) They had the ability to control the politicians that dealt with them such as William H. Taft and Teddy Roosevelt.

4) They reduced the competition and drove prices up.

5) Once one trust was created, it had control over other things of that commonality. For example, once the Edison Trust was formed, it controlled basic movie patents.

The Dark Ida- Sidekick

The Dark Ida is based off of Ida Tarbell. She wrote the book The History of the Standard Oil Company which depicted John D. Rockefeller as crabbed, miserly, money-grabbing, and viciously effective at monopolizing the oil trade.

The Defeat

The Anti-Trust Shadow began its defeat of The Money Booster by filling a suit against The U.S. Steel for going in violation of the Sherman Act. Taft also won a lawsuit against the American Sugar Refining Company to break up the "sugar trust" that rigged the prices.