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The Compromise of 1850 was a set of bills proposed in February 1850by Henry Clay a Whig In Clays proposed compromise he hoped to restore sectional harmony He hoped to accomplish this by admitting California as a free state dissolve the Wilmot Proviso and resolve a boundary dispute between Texas and New Mexico His compromise although proposed in February was not passed until President Taylor died in July and Millard Fillmore assumed the position of President Fillmore favored the compromise unlike Taylor The compromise was important to American history because it banned slavery in the northern states while still allowing the possibility of slave states in the south as to be decided by popular sovereignty The compromise also ended a four year conflict between the slave south and the free north Divine 337-342Sherman Anti-Trust ActAfter little debate a republican controlled congress passed the Sherman Antitrust Act it was the first attempt made by congress to regulate business The Act was passed by Senator John Sherman The act declared illegal every contract combination in the form of trust or otherwise or conspiracy in restraint of trade or commerce The act also provided for stiff penalties for any violation they included fines imprisonment and dissolution of trusts Although the act was very powerful congress did not use the act until 1895 in the United States v E C Knight Co decision The Act was important for American history because it made the United States the first industrial nation to control business trusts or monopolies Divine 489 Missouri CompromiseIn 1817 the Missouri territory applied for statehood they would enter the union as a slave state When the question came before congress in 1819 sectional fears ran strong The north did not want Missouri to be admitted to the union because it would upset the balance of power in congress In 1820 the people of Maine also desired to be admitted to the union The People of Maine
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