This Act tried to prevent the raising of prices by restricting trade. The purpose of the Act was to preserve a competitive marketplace to protect consumers from abuse.
1890 · Woman's Suffrage
An organization formed in favor of women's suffrages. By combining the National Woman Suffrage Association and the American Woman Suffrage Association, the NAWSA eventually increased in membership up to two million people. It is still one of the largest voluntary organizations in the nation today and held a major role in passing the Nineteenth Amendment.
1894 · Texas Files Lawsuit Against Standard Oil Company
Under the direction of Governor Jim Hogg, Texas filed a lawsuit against John D. Rockefeller for violating state monopoly laws. Hogg argued that Standard Oil Company and Water-Piece Oil Company of Missouri were engaged in illegal practices like price fixing, rebates, and consolidation. Rockefeller was indicted, but never tried in a court of law; other employees of his company were convicted as guilty.
1 English: patronymic from the medieval personal name Benne, a pet form of Benedict ( see Benn ).2 English: habitational name from a place in Oxfordshire named Benson, from Old English Benesingtūn ‘settlement (Old English tūn) associated with Benesa’, a personal name of obscure origin, perhaps a derivative of Bana meaning ‘slayer’.3 Jewish (Ashkenazic): patronymic composed of a pet form of the personal name Beniamin ( see Bien , Benjamin ) + German Sohn ‘son’.