William Howard Taft Quotes


If railway men are wise, they will not hinder it. Railroads are a public institution—an institution which must be regulated by law. You cannot run the railroads as you would run a private business. You must respond to the public demand.


Context

the administration’s plan to regulate the industry Taft was actually the Secretary of War when he gave this speech. However, President Theodore Roosevelt used him as his “Assistant President” to run things in his absence and help with policy making and implementing major reforms. The President had decided to aggressively push for railroad regulation to end the rate rebate abuses that were used to support the monopolies like Standard oil. He had initiated the campaign by personally speaking to the Railroad Owners and Corporate Magnates—{640489}. Then he dispatched Taft to address the Railroad Executives of the Nation. This led to the first American regulation of the Railroads.


Citations

William Howard Taft, 1857-1930, 27th President of the United States (Republican, OH) Speech to 300 Railway Executives, Willard Hotel, Washington DC, May 9, 1905

Sourced by: Eigen's Political and Historical Quotations

Linked Quotes

The President had decided to aggressively push for railroad regulation to end the rate rebate abuses that were used to support the monopolies like Standard Oil. In vintage Roosevelt tactics, he gave his first major speech on the subject in the setting and forum that would be most opposed to it. The Union League Club of Philadelphia in included the wealthiest men in the area where were most opposed to any Federal Regulation of anything. All the major railroad executives and stock owners and traders were also members. The President wanted to persuade the opponents to change their positions, and sometimes he did. He also was driven by his concept of sports and athletics so that the “opposition” should have “fair notice” for the contest ahead.


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William Howard Taft
William Howard Taft
  • Born: September 15, 1857
  • Died: March 8, 1930
  • Nationality: American
  • Profession: President

William Howard Taft was the 27th president of the United States (1909–1913) and the tenth Chief Justice of the United States (1921–1930), the only person to have held both offices. Taft was elected president in 1908, the chosen successor of Theodore Roosevelt, but was defeated for reelection by Woodrow Wilson in 1912 after Roosevelt split the Republican vote by running as a third-party candidate. In 1921, President Warren G. Harding appointed Taft to be chief justice, a position he held until a month before his death.