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More Anti Trust and PSA History

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Well-known member
Aug 26, 2005
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May 8, 1890, a young Republican prosecuting attorney in Ohio, with the enthusiasm of an amateur, began a suit to annul the charter of the Standard Oil Company. At once Mark Hanna (republican party leader) wrote him the letter which contained the famous lines: "You have been in politics long enough to know that no man in public office owes the public anything": and which concluded: "I understand that Senator Sherman inspired this suit... If this is the case I will take occasion to talk to him sharply when I see him."

----The Robber Barons, pg. 353, by Matthew Josephson, 1934 cp.

This on the abuses of market power of John Rockefeller's Standard Oil.

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