Thread: Life This Day in History
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Old 12-03-2010, 08:19 AM   #906
patteeu patteeu is offline
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Quote:
Originally Posted by Amnorix View Post
December 3

1901. President Theodore Roosevelt delivers a 20,000 word speech to the Congress, asking it to curb the power of trusts "within reasonable limits". This will lead to the passage of the Sherman Anti-Trust Act, and the subsequent breakup of John D. Rockefeller's Standard Oil.


Quote:
Originally Posted by Amnorix View Post
1929. President Hoover announces to Congress that the worst effects of the stock market crash over a month earlier are past the country, and that its population is regaining faith in the economy.
Recovery winter!
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