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To: DiogenesLamp; ProgressingAmerica
Basically New York set the price of coal. It was not a market based system. The Robber Barons then building the city's buildings decided the price would be such and such, and so that was the price.

That was the Pennsylvania anthracite mining companies. They set production quotas and prices for coal going into New York. Not the other way around.

It is no wonder they saw Teddy Roosevelt as somewhat of a shock after what he did. One of their own started disrupting their cozy little influence scheme, and they didn't like it.

I like to think of Trump as a modern day version of Teddy Roosevelt. He knows how Tammany Hall operates because he grew up fighting in that environment.

Teddy Roosevelt was a New Yorker (as is Donald Trump). Teddy was also the father of big government in America. Ask ProgressingAmerica.

83 posted on 03/26/2018 3:58:28 PM PDT by x
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To: x
That was the Pennsylvania anthracite mining companies. They set production quotas and prices for coal going into New York. Not the other way around.

Not according to the documentary, but of course it's PBS, so they could be wrong.

Teddy Roosevelt was a New Yorker (as is Donald Trump). Teddy was also the father of big government in America. Ask ProgressingAmerica.

As I have mentioned numerous times, the father of "Big Government" was Abraham Lincoln and his "mercantilism."

Yes, Roosevelt expanded the regulatory aspect of US government, but Lincoln started much of this stuff we now regard as "subsidies."

The Railroad investors benefited greatly from a lot of the government's give away programs.

85 posted on 03/26/2018 4:25:55 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: x; DiogenesLamp
x: "Teddy Roosevelt was a New Yorker (as is Donald Trump).
Teddy was also the father of big government in America.
Ask ProgressingAmerica."

I don't like to blame Teddy for the work of Democrats like Wilson, FDR and LBJ.
In fact Teddy's government was no bigger, relatively, than was Grant's or George Washington's.
They all came in around 2% of GDP, net of debt repayments.

Oh, but, they say: "he laid the groundwork for later progressives".
Maybe, but by that logic you can blame most anyone for anything that came after them.
I don't buy it.

88 posted on 03/27/2018 3:55:28 AM PDT by BroJoeK (a little historical perspective...)
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