n ew f reedom program called n ew f reedom banking reform, anti-trust legislation, tariff reductions...
TRANSCRIPT
Woodrow Wilson Wm. H. Taft Theodore Roosevelt
Democrat Republican Bull MooseProgram called NEW FREEDOMCalled for stronger banking reform, anti-trust legislation, and tariff reductions
Program called NEW NATIONALISMSimilar to programs of FDR in the future
WIN
NER!
Eugene Debs-Socialist
ELECTION OF 1912
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BAT
Conservative, but progressivePresident of Princeton UniversityFormer Governor of New JerseyProgressive agenda called “NEW FREEDOM”
SCHOOLMASTER IN POLITICS
WOODROW WILSON
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WILSON’S PROGRAMS—TARIFFS
Triple Wall of PrivilegeWilson planned to take on the banks, trusts, and the
tariffWilson referred to these as the “TRIPLE WALL OF
PRIVILEGE”Wilson introduced his programs in the State of the
Union Speech—Wilson begins tradition of appearing in person before Congress!
UNDERWOOD TARIFF Wilson’s program that reduced the tariffEffect?
16TH AMENDMENTCreated a GRADUATED INCOME TAX —based on income levelsEffect?
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WILSON’S PROGRAM: BANKING REFORMFederal Reserve Act
Created a Federal Reserve Board to oversee the monetary system in the US
Paper money now issued as Federal Reserve NotesGave the government the ability to control the amount of money
in circulation
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INTEREST RATES?
WILSON’S PROGRAM: TRUSTSFederal Trade Commission
Aimed at controlling the trustsCreated a Presidential appointed commission to find monopolies and crush them
Clayton Anti-trust ActHelped put more teeth into the Sherman Anti-trust Act
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WILSON’S FOREIGN POLICYWilson DID NOT have an aggressive foreign policyReversed Taft’s “Dollar Diplomacy”Wilson did send American troops into Haiti and Mexico
Jones ActGave the PHILIPPINES territorial status with promise of independenceGranted independence on July 4, 1946
MexicoHUERTA —full-blooded Indian, became dictator of MexicoWilson didn’t like Huerta and sent guns and ammunition to CARRANZA and “PONCHO” VILLAJust when it looked like the US and Mexico would fight, the ABC powers stepped in to mediateWhen Carranza gets in power, Wilson gives “Pancho” Villa guns and ammoVilla killed some Americans in Mexico and then went into New Mexico and killed 19 AmericansJOHN “BLACKJACK” PERSHING sent to capture Villa
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