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Taft and Wilson

Taft and Wilson. Section 4. I. Progressivism under Taft. A. Taft as President. Created Dept. of Labor 16 th Amendment – levy taxes based on an individuals income Did not add to any of Roosevelt’s programs. B. Ballinger – Pinchot Affair.

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Taft and Wilson

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  1. Taft and Wilson Section 4

  2. I. Progressivism under Taft

  3. A. Taft as President • Created Dept. of Labor • 16th Amendment – levy taxes based on an individuals income • Did not add to any of Roosevelt’s programs

  4. B. Ballinger – Pinchot Affair • Pinchot charged Ballinger with giving coal-land in Alaska to friends • Taft fired Pinchot • Roosevelt refused to support Taft for 2nd term

  5. C. Split in the Republican Party • Election 1912 • Roosevelt formed: Progressive Party • AKA “Bull-Moose Party” • Split in the Republican Party gave way to the Democrats • Woodrow Wilson –Dem. – Won!!!

  6. II. Wilson’s New Freedom • Tariff reduction • Banking Reform • Stronger Anti-trust legislation

  7. A. Tariff Reduction • Underwood Tariff Act – Lower tariffs and graduated income tax

  8. B. Banking Reforms • Federal Reserve Act – 3 Tiered Bank System Fed. Reserve Board 12 Fed. Reserve Banks Private Banks Borrow from Fed. Banks

  9. C. Stronger Anti-Trust • Clayton Anti-Trust Act – • could not buy out another company to form a monopoly • Strikes and Boycotts now legal • Created Federal Trade Commission • Enforced anti-trust laws • Investigates businesses

  10. III. Progressive & Rights of African Americans • Roosevelt invited Booker T. Washington for Dinner • Wilson Segregated offices in D.C • No federal anti-lynching law • Felony for blacks and whites to marry

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