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Bully Boy: The Truth About Theodore Roosevelt's Legacy Bully Boy: The Truth About Theodore Roosevelt's Legacy by Jim Powell
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“understood. In The Tariff and the Trusts (1907), New York lawyer Franklin Pierce fumed: “We legalize conditions out of which an evil arises and then attempt to suppress the evil by penal statutes. We provide for high duties upon foreign imports for the protection of home industries, and when a monopoly controlling the home market results there-from, then pass penal laws punishing the monopoly. In this way our politicians prove to the great combinations who furnish campaign disbursements for political parties their fidelity to monopolistic interests, while, by the penal statute, they assure the people that they are against trusts….”
Jim Powell, Bully Boy: The Truth About Theodore Roosevelt's Legacy