1. 18.4 Notes (part 1)- Election of 1912

2. Video Clip: Wilson Presidency3. 18.4 Vocabulary

*** Unit 1 Exam Friday!***

18.4The Wilson Years1912-1920

Four candidates 1912-Republican Party split

between conservative Republicans (Taft) and Progressive Republicans (Roosevelt)

Socialist: Eugene Debs This split created an

opportunity for Gov. of New Jersey Woodrow Wilson (D.)

Domestic program called New Freedom.

T.R. ran on the concept of New Nationalism.

NEW NATIONALISM Accepted power of

trusts/monopolies but wanted to regulate them.

Regulate industry.

NEW FREEDOM Criticized T.R. for

allowing monopolies. Wanted to abolish

trusts and monopolies. Strict government

control over corporations.

Disapproved tariffs

1. Finish 18.4 Notes: Wilson Presidency & Legacy of Progressivism

2. 18.4 Guided Reading Q’s

*** Unit 1 Exam Tomorrow!***

Current Event Due Friday

• Look @ 18.4 Vocab…

• New Freedom plan called for strict government controls over corporations.

• Wilson promised to bring down the “triple wall of privilege:” tariffs, banks, and trusts.

1913: Wilson & Congress create “The Fed.”

This is the nation’s central bank.

The Fed is a “bank for banks” (if they need $.)

The Fed controls interest rates by raising or lowering the rate it charges to banks.

The Fed controls the supply of currency.

Federal Reserve Districts

16th Amendment – Federal Income Tax (1913)

17th Amendment – Direct Election of Senators(1913)

18th Amendment - Prohibits Alcohol (1919)

19th Amendment – Women’s Suffrage (1920)

The Progressive Era had a lasting effect on government, the economy, and society.

Political, social , and economic reforms, new laws and amendments, natural resource protection, etc.