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Woodrow Wilson

Woodrow Wilson. New Freedom. New Freedom. Wilson's Warning Signs, Sound Familiar? New Freedom- Wilsons platform to fight against the Three Privileges Tariffs Banks Trust. Tariffs & Taxes.

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Woodrow Wilson

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  1. Woodrow Wilson New Freedom

  2. New Freedom • Wilson's Warning Signs, Sound Familiar? • New Freedom- Wilsons platform to fight against the Three Privileges • Tariffs • Banks • Trust

  3. Tariffs & Taxes • Wilson signed the UNDERWOOD-SIMMONS ACT into law in 1913, which reduced tariff rates for the first time since the Civil War. • But did create an income tax • Became main source of government revenue (funds) • 16th Amendment- legalizes federal income tax • Graduated tax = the more you make, the more you are taxed

  4. Federal Reserve • Gov’t needs to be able to control money supply • Takes the control of the money supply away from banking trust • Sets up a system of 12 national banks, that then serve the rest of the banks • Still the basis of our banking system today

  5. Trust Regulation • Clayton Anti-trust Act 1914 • Strengthens Sherman Anti-trust Act • One company can’t buy stock from a company if would create a monopoly • Labor unions and farm organizations would no longer be subject to anti-trust laws

  6. Federal Trade Commission FTC • “watchdog agency” to investigate and regulate corporate practices • Under Wilson 400 orders against companies engaged in illegal activities

  7. Women’s Suffrage • School House Rock- Suffering Till Sifferage • Carrie Chapman Catt- leader of the modern suffrage movement • Some moved to more radical tactics • Women's Suffrage: Night of Terror • Alice Paul organizes picketing around the white house which turned violent • Women get right to vote in Aug. 1920 with the 19th Amendment

  8. Progressive Results • Laissez-faire policy fades • Government now regulates business more closely • Social Reforms help many • African Americans still ignored • WWI ends Progressive Era

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