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Mansfield in Richland County, Ohio — The American Midwest (Great Lakes)
 

John Sherman, 1823-1900 / The Sherman Anti-Trust Act

 
 
John Sherman, 1823-1900 Marker (Side A) image. Click for full size.
Photographed By William Fischer, Jr., June 6, 2009
1. John Sherman, 1823-1900 Marker (Side A)
Inscription.  
Side A: John Sherman 1923-1900
Born in Lancaster, Fairfield County, John Sherman moved to Mansfield to practice law and was elected to Congress in 1854 as one of the first Republicans. In 1861, Sherman was elected to the U.S. Senate. An authority on finance, Sherman was instrumental in shaping federal financial policy in the years following the Civil War, and President Rutherford Hayes appointed him Secretary of the Treasury in 1877. During the “Greenback” debate, he re-implemented the gold standard, stabilizing the currency during an inflationary period. Sherman returned to the Senate in 1881 and served until early 1897 when President McKinley appointed him Secretary of State; in declining health, he resigned in 1898. He died in Washington, D.C. and is interred in the Mansfield Cemetery.

Side B: The Sherman Anti-Trust Act
In the decades following the Civil War, the U.S. economy grew rapidly with the emergence of large railroad and industrial interests. Unfair and fierce competition prompted the formation of large trusts, like Standard Oil, to control price competition. The resulting
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monopolies restricted free enterprise and became a focus of public and political debate; in the 1888 elections, both parties' platforms called for the regulation of trusts. Ohio Senator John Sherman sponsored a bill to end business practices that restrained interstate or foreign trade. With intense public pressure, the bill passed and was signed into law on July 2, 1890. A popular law and a landmark in the economic history of the United States, the Sherman Anti-Trust Act remains relevant in American business practice.
 
Erected 2003 by Ohio Bicentennial Commission, Mansfield Memorial Museum, and The Ohio Historical Society. (Marker Number 6-70.)
 
Topics and series. This historical marker is listed in these topic lists: Charity & Public WorkGovernment & PoliticsIndustry & Commerce. In addition, it is included in the Former U.S. Presidents: #19 Rutherford B. Hayes, the Former U.S. Presidents: #25 William McKinley, and the Ohio Historical Society / The Ohio History Connection series lists. A significant historical month for this entry is July 1896.
 
Location. 40° 45.488′ N, 82° 30.845′ W. Marker is in Mansfield, Ohio, in Richland County. Marker is at the intersection of Diamond Street and Park Street South, on the left when traveling south on Diamond Street. Marker
The Sherman Anti-Trust Act Marker (Side B) image. Click for full size.
Photographed By William Fischer, Jr., June 6, 2009
2. The Sherman Anti-Trust Act Marker (Side B)
is on the grounds of the Richland County Courthouse. Touch for map. Marker is in this post office area: Mansfield OH 44902, United States of America. Touch for directions.
 
Other nearby markers. At least 8 other markers are within walking distance of this marker. Gold Star Families Monument (within shouting distance of this marker); Richland County Vietnam Veteran's Memorial (within shouting distance of this marker); Congressional Medal of Honor Recipients (within shouting distance of this marker); Richland County War Memorial (within shouting distance of this marker); Vasbinder Fountain (within shouting distance of this marker); First Religious Service (within shouting distance of this marker); Dr. Martin Luther King, Jr. Memorial (within shouting distance of this marker); Richland County Soldiers' Monument (about 300 feet away, measured in a direct line). Touch for a list and map of all markers in Mansfield.
 
Also see . . .  Short Biography of John Sherman. (Submitted on July 11, 2009, by William Fischer, Jr. of Scranton, Pennsylvania.)
 
John Sherman, 1823-1900 / The Sherman Anti-Trust Act Marker image. Click for full size.
Photographed By William Fischer, Jr., June 6, 2009
3. John Sherman, 1823-1900 / The Sherman Anti-Trust Act Marker
John Sherman, 1823-1900 image. Click for full size.
Internet Archive
4. John Sherman, 1823-1900
From Twenty-eight Years in Wall Street by Henry Clews, 1888.
 
 
Credits. This page was last revised on February 29, 2024. It was originally submitted on July 10, 2009, by William Fischer, Jr. of Scranton, Pennsylvania. This page has been viewed 9,143 times since then and 104 times this year. Photos:   1, 2, 3. submitted on July 10, 2009, by William Fischer, Jr. of Scranton, Pennsylvania.   4. submitted on February 29, 2024, by Allen C. Browne of Silver Spring, Maryland. • Craig Swain was the editor who published this page.

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Jun. 19, 2024