THE ORIGINS OF THE FTC: CONCENTRATION, COOPERATION, CONTROL, AND COMPETITION

Abstract

Concentration and co-operation are conditions imperatively essential for industrial advance; but if we allow concentration and co-operation there must be control in order to protect the people, and adequate control is only possible through the administrative commission. Hence concentration, co-operation, and control are the key words for a scientific solution of the mighty industrial problem which now confronts this nation. —Theodore Roosevelt, quoting Charles Van Hise, in accepting the 1912 Progressive Party nomination.1