Republican (proto-fascist/socialist) President Theodore Roosevelt—without a constitutional amendment—signs the Elkins Anti-Rebate Act, prohibiting the nation’s railroads from offering shipping rebates to their best customers.
Postscript: Within a decade most railroads became unprofitable.
[restored 5/29/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Elkins Anti-Rebate Act, 57 Public Statutes at Large 847 (1903).
Theodore Roosevelt and the Modern Presidency by Thomas E. Woods, Jr.
www.lewrockwell.com/woods/woods140.html
Current U.s. National Debt:
