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Industrial Commission

From Wikipedia, the free encyclopedia
Not to be confused withIndustrial Relations Commission.

TheIndustrial Commission was aUnited States government body in existence from 1898 to 1902, to recommend changes in national industrial and economic policy and programs. The commission was established by an act ofCongress and was composed of members of Congress and Presidential appointees.

Background and mission

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ThePanic of 1893 created substantial economic instability and uncertainty throughout the United States in the mid-to late 1890s. One response to this uncertainty was a proposal from theNational Association of Manufacturers that Congress create a federal Department of Commerce and Industry. During the 1890s Congress declined to establish such a department, but it considered creating a commission to study the nation's economic situation. In 1897 PresidentGrover Cleveland vetoed a bill that would have established the Industrial Commission.[1] In 1898, after the election of PresidentWilliam McKinley, Congress again approved legislation for the commission, and McKinley signed the bill on June 18, 1898.[2][3]

The commission was charged with investigating railroad pricing policy, industrial concentration, and the impact ofimmigration onlabor markets, and making recommendations to the President and Congress.[3][4]

Membership

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The commission comprised 19 members, 10 of which were members of Congress and 9 appointed by the President. McKinley selected appointees from the business community and organized labor. Members included McKinley'sOhiorunning mate, CommissionerAndrew L. Harris (a Governor of Ohio andCivil WarGeneral) who served as Chair of the Agriculture Subcommittee.[5]

Recommendations, dissolution and aftermath

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In 1902 the commission completed its business and issued a final report totaling about 1,000 pages in 18 volumes. Included among its many recommendations were a call for more extensive federal regulation oftrusts, and that the financial records of national corporations and banks be subject to inspection at all times.[6]

Congress established theUnited States Department of Commerce and Labor in 1903.[7] PresidentTheodore Roosevelt supported enforcement of theSherman Antitrust Act and expanded regulation of trusts during his administration.[8] Legislative reforms included theElkins Act (1903) and theHepburn Act (1906), which expanded the jurisdiction of theInterstate Commerce Commission in the regulation of railroads.[9][10]

See also

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References

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  1. ^54th United States Congress.Pocket veto of H.R. 9188 by President Grover Cleveland, after Congress had adjourned on March 3, 1897.
  2. ^"Panic of 1893".History; Origins: 1776-1913. Washington, D.C.: U.S. Department of Commerce. Retrieved2025-01-11.
  3. ^abNorth, S.N.D. (June 1899). "The Industrial Commission".The North American Review.168 (511):708–719.JSTOR 25119203.
  4. ^"The Industrial Commission; Outline of the Investigations to be Made During the Sittings".The New York Times. 1898-11-16.
  5. ^"The Industrial Commission; President McKinley Announces His Choice of Civilian Members".The New York Times. 1898-09-07.
  6. ^"Industrial Report Finished; Federal Commission's Conclusions, Now in the Printer's Hands, Recommend Government Supervision of Trusts".The New York Times. 1902-01-24. p. 1.
  7. ^United States. An act to establish the Department of Commerce and Labor. 32 Stat. 825 Approved February 14, 1903.
  8. ^Miller, Nathan (1992).Theodore Roosevelt: A Life. New York: William Morrow & Co. pp. 365–366.ISBN 978-0-688-06784-7.
  9. ^United States. Elkins Act,57th Congress, Sess. 2, ch. 708, 32 Stat. 847, approved 1903-02-19.
  10. ^United States. Hepburn Act,59th Congress, Sess. 1, ch. 3591, 34 Stat. 584, approved June 29, 1906.

Further reading

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  • Durand, E. Dana (August 1902). "The United States Industrial Commission; Methods of Government Investigation".The Quarterly Journal of Economics.16 (4):564–586.doi:10.2307/1882174.JSTOR 1882174.
  • Ripley, William Z. (November 1901). "The Work of Trained Economists in the Industrial Commission".The Quarterly Journal of Economics.16 (1):121–122.doi:10.2307/1882906.JSTOR 1882906.
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