Mon:
Tues:
Compromise between Sereno E. Payne and Nelson W. Aldrich.
Payne's proposal was designed to lower tariff rates (Tax on imports/exports)
Conservative republicans like Aldrich wanted to protect high tariff rates
Wed:
Invited Booker T Washington a black civil rights activist too the
In 1912 Taft's conservative policies regarding conservation as well his targeting of JP Morgan through the Sherman Anti Trust Act, declared his intent to run for president
After unsuccessfully attempting to gain the Republican nomination, Roosevelt created a separate Progressive Party
Taft and Roosevelt split up the republican party
Roosevelt and Taft split the vote gaining 27.4 percent and 23.2 percent respectively
Roosevelt could have ran again in 1908 but decided not to
Taft was a lawyer, and Roosevelts general
Taft from Ohio, Attended Yale, Lawyer and Secretary of War, never aimed to be president, Professor at Yale, 1921 became Chief Justice of Supreme Court
Lowered tariffs and raised come
Broke up Standard Oil Company into 30 subsidiaries
16th Amendment passed
If Rockefeller were alive today his wealth would be around $660 billion
Allowed income tax to be passed
Taft Not energetic and well liked like Roosevelt
Not good speaker
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