page_title: William Howard Taft
section_title: Antitrust
hierarchical_section_title: William Howard Taft / Presidency (1909–1913) / Domestic policies and politics / Antitrust
caption_attribution_description: Official White House portrait of William Howard Taft
context_page_description: William Howard Taft was the 27th president of the United States and the tenth Chief Justice of the United States, the only person to have held both offices. Taft was elected president in 1908, the chosen successor of Theodore Roosevelt, but was defeated for re-election 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 in which he served until a month before his death.
  Taft was born in Cincinnati, Ohio in 1857. His father, Alphonso Taft, was a U.S. Attorney General and Secretary of War. Taft attended Yale and joined the Skull and Bones, of which his father was a founding member. After becoming a lawyer, Taft was appointed a judge while still in his twenties. He continued a rapid rise, being named Solicitor General and as a judge of the Sixth Circuit Court of Appeals. In 1901, President William McKinley appointed Taft civilian governor of the Philippines. In 1904, Roosevelt made him Secretary of War, and he became Roosevelt's hand-picked successor.
context_section_description: Taft continued and expanded Roosevelt's efforts to break up business combinations through lawsuits brought under the Sherman Antitrust Act, bringing 70 cases in four years (Roosevelt had brought 40 in seven years). Suits brought against the Standard Oil Company and the American Tobacco Company, initiated under Roosevelt, were decided in favor of the government by the Supreme Court in 1911. In June 1911, the Democrat-controlled House of Representatives began hearings into United States Steel (U.S. Steel). That company had been expanded under Roosevelt, who had supported its acquisition of the Tennessee Coal, Iron, and Railroad Company as a means of preventing the deepening of the Panic of 1907, a decision the former president defended when testifying at the hearings. Taft, as Secretary of War, had praised the acquisitions. Historian Louis L. Gould suggested that Roosevelt was likely deceived into believing that U.S. Steel did not want to purchase the Tennessee company, but it was in fact a bargain. For Roosevelt, questioning the matter went to his personal honesty.
  In October 1911, Taft's Justice Department brought suit against U.S. Steel, demanding that over a hundred of its subsidiaries be granted corporate independence, and naming as defendants many prominent business executives and financiers. The pleadings in the case had not been reviewed by Taft, and alleged that Roosevelt "had fostered monopoly, and had been duped by clever industrialists". Roosevelt was offended by the references to him and his administration in the pleadings, and felt that Taft could not evade command responsibility by saying he did not know of them.
  Taft sent a special message to Congress on the need for a revamped antitrust statute when it convened its regular session in December 1911, but it took no action. Another antitrust case that had political repercussions for Taft was that brought against the International Harvester Company, the large manufacturer of farm equipment, in early 1912. As Roosevelt's administration had investigated International Harvester, but had taken no action (a decision Taft had supported), the suit became caught up in Roosevelt's challenge for the Republican presidential nomination. Supporters of Taft alleged that Roosevelt had acted improperly; the former president blasted Taft for waiting three and a half years, and until he was under challenge, to reverse a decision he had supported.
caption: Official White House portrait of Taft by Anders Zorn
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