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kobusy [5.1K]
3 years ago
12

Why do you think Ford made this speech immediately after gaining the presidency? A. Nixon’s scandal shook the public’s trust in

government. B. Ford faced criticism for pardoning Nixon. C. Newspaper were not covering economic issues. D. Ford needed to successfully fight inflation.
History
2 answers:
valina [46]3 years ago
4 0
<span>Nixon’s scandal shook the public’s trust in government and this is why Ford made this speech immediately after gaining the presidency. The correct option among all the options that are given in the question is the first option or option "A". I hope the answer comes to your help.</span>
fomenos3 years ago
3 0

Correct answer choice is :

A) Nixon’s scandal shook the public’s trust in government.

Explanation:

President Gerald Ford, who found the department on the feet of President Richard M. Nixon’s retirement, clears his ancestor for his engagement in the Watergate disgrace.Congress had challenged Nixon of restraint of fairness during the examination of the Watergate disgrace, which began in 1972. White House line tapes exposed that Nixon knew about and probably allowed the unauthorized break-in and wiretapping of the Democratic National Committee duties, placed in the Watergate Hotel in Washington D.C.

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In what way was the Sherman Antitrust Act successful?
Maksim231197 [3]

Answer:

It allowed the government to break up the trust arrangement that the Standard Oil company had.

Explanation:

Approved July 2, 1890, The Sherman Anti-Trust Act was the first Federal act that outlawed monopolistic business practices.

The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. It was named for Senator John Sherman of Ohio, who was a chairman of the Senate finance committee and the Secretary of the Treasury under President Hayes. Several states had passed similar laws, but they were limited to intrastate businesses. The Sherman Antitrust Act was based on the constitutional power of Congress to regulate interstate commerce. The Sherman Anti-Trust Act passed the Senate by a vote of 51–1 on April 8, 1890, and the House by a unanimous vote of 242–0 on June 20, 1890. President Benjamin Harrison signed the bill into law on July 2, 1890.

A trust was an arrangement by which stockholders in several companies transferred their shares to a single set of trustees. In exchange, the stockholders received a certificate entitling them to a specified share of the consolidated earnings of the jointly managed companies. The trusts came to dominate a number of major industries, destroying competition. For example, on January 2, 1882, the Standard Oil Trust was formed. Attorney Samuel Dodd of Standard Oil first had the idea of a trust. A board of trustees was set up, and all the Standard properties were placed in its hands. Every stockholder received 20 trust certificates for each share of Standard Oil stock. All the profits of the component companies were sent to the nine trustees, who determined the dividends. The nine trustees elected the directors and officers of all the component companies. This allowed the Standard Oil to function as a monopoly since the nine trustees ran all the component companies.

The Sherman Act authorized the Federal Government to institute proceedings against trusts in order to dissolve them. Any combination “in the form of trust or otherwise that was in restraint of trade or commerce among the several states, or with foreign nations” was declared illegal. Persons forming such combinations were subject to fines of $5,000 and a year in jail. Individuals and companies suffering losses because of trusts were permitted to sue in Federal court for triple damages. The Sherman Act was designed to restore competition but was loosely worded and failed to define such critical terms as “trust,” “combination,” “conspiracy,” and “monopoly.” Five years later, the Supreme Court dismantled the Sherman Act in United States v. E. C. Knight Company (1895). The Court ruled that the American Sugar Refining Company, one of the other defendants in the case, had not violated the law even though the company controlled about 98 percent of all sugar refining in the United States. The Court opinion reasoned that the company’s control of manufacture did not constitute a control of trade.

The Court’s ruling in E. C. Knight seemed to end any government regulation of trusts. In spite of this, during President Theodore Roosevelt’s “trust busting” campaigns at the turn of the century, the Sherman Act was used with considerable success. In 1904 the Court upheld the government’s suit to dissolve the Northern Securities Company in State of Minnesota v. Northern Securities Company. By 1911, President Taft had used the act against the Standard Oil Company and the American Tobacco Company. In the late 1990s, in another effort to ensure a competitive free market system, the Federal Government used the Sherman Act, then over 100 years old, against the giant Microsoft computer software company.

Resource Used:

https://www.ourdocuments.gov/doc.php?flash=false&doc=51

I hope this helps you in any shape or form.

4 0
3 years ago
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How was Silla able to take over the entire Korean peninsula? Why is this conquest important to the history of Korea?
Sergio [31]

Answer:

It's a part of history,

Explanation:

It impacts on are lives today!

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2 years ago
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When did christopher columbus die??
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Christopher died May 20, 1506
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HACTEHA [7]

Answer:North Carolina has rich military history that stretches back before statehood. From the site of a fort recalling the French and Indian War to a park used by ...

Explanation:

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2 years ago
Why did agriculture become an important part of Florida's economy?
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<span>In terms of revenue generated, Florida's top five agricultural products are greenhouse and nursery products, oranges, cane for sugar, tomatoes, and cattle and calves.thank me if it helped</span>
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