The Bureau of Corporations , the forerunner of the Federal Trade Commission , was created on February 14, 1903 during the Age of Progressivism as an investigative body of the Ministry of Trade and Labor . The main role of the bureau was to study and present a report on industry, while focusing on monopolism. The recommendations set out in the 1906 Bureau of Petroleum Transport report were incorporated into the 1906 Hepburn Act . In 1912, the Bureau issued a report on hydropower development, which led to the creation of a federal hydropower law. The Bureau also conducted research on the Tobacco , Metallurgy , Woodworking and other industries.
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| Liquidation | |
In 1915, the Bureau of Corporations became part of the created Federal Trade Commission . The Commission recruited Bureau staff and continued research initiated by the Bureau of Industry.
Literature
- MacLean, Elizabeth Kimball. "Joseph E. Davies: The Wisconsin Idea and the Origins of the Federal Trade Commission," Journal of the Gilded Age and Progressive Era (2007) 6 # 3 pp 248–284.
- Murphey, William, “Theodore Roosevelt and the Bureau of Corporation: Executive-Corporate Cooperation and the Advancement of the Regulatory State,” American Nineteenth Century History 14 (March 2013), 73–111.