Presentations today!
Ch.9.4
-Describe the major accomplishments and problems of William Howard Taft's presidency
- Accomplishments- breaking up many trusts like the Standard Oil, strengthened the Interstate Commerce Act(enforced it and made sure they were being fair), improving the postal service, Passed the Payne-Aldrich Bill. Problems-never wanted to be president, he wasn’t Teddy, promised lower tariffs(didn’t follow through)
-Payne
-Aldrich Tariff- was a set of tax regulations, that failed to reduce tariffs on manufactured goods, lowering certain tarrif on goods entering the US, debate over the bill caused the Republicans to split. Republicans split into 2 groups called “Old Guards” and Progressives, Progressives stopped supporting Taft beliefs. That led the split party to lose the 1910 election.
-Land disputes
-Gifford pinchot-wilderness areas should have been used for public enjoyment, Rich Billanger removed one million acres of forest and mining land for public use, The Department of The Interior official was fired for going against Billanger’s input, Taft wet with Billanger’s side of the story and Pinchot was fired
-Breaking up trusts
- means-trying to remove monopolies, Taft broke up the Standard Oil trust
-You will have to look elsewhere for some other accomplishments as the book is limited-
-Break-up of the Republican Party
-roosevelt tried to get the republican vote but didnt and Taft got it instead
-Describe the outcome of the 1912 Presidential Election.
- Taft was republican, Wilson was Democrat, Roosevelt had his own group “The Bull Moose Party”, Eugene V. Debs was the Socialist Party. Wilson won with only 42% of the popular vote-promised to break up trusts and to make the social reform expand in the government
Ch. 9.5
-Describe the major accomplishments/issues of Woodrow as President.
-made the natinal baniking system
-limited the work day to 8 hours
-federal reserve act
-lead us in WW1
-federal trade commission
-problems were caused segregation of black and white in DC, military, and the federal government
-Breaking up trusts
- Clayton Anti Trust Act- was to prohibited corporations from performing a monopoly and if a company violated this law officers could be prosecture, this act was to strengthen the Sherman Antitrust act, it also specified in trying to help the labor unions and farm organizations, it also made strikes boycotts and peaceful picketing illegal
-Underwood Tariff
-in 1913 wilson worked hard to reuce tariffs rae
-it reduced the overal tariffto approximately 25%
-eliminated the tax entirely on steel, wool, clothing, and sugar and created a federal income tax
-16th Amendment
-allows congress to taz citizens so the government can make money
-larger income tax rate were taxed highter then lower income rates
-the government was receiving more money from taxes then they had ever got from tariffs
-Federal Reserve System
-allows private banking system under federal control
-federal banks could transfer funds to member banks in trouble
-this saved a lot of people from losing their moneyand having the banks close
-Limits to Progressivism under Wilson
-wilson promised to treat blacks equally and speak out against lynching
-the federal anyilynching legislation failed and washington DC was segergated
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