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Wilson’s New Freedom. 17.5. Business Reform. 1914: Clayton Anti-Trust Act Outlawed certain biz practices Strikes are legal 1914: Federal Trade Commission Act Prez appointed team looks into any biz that conducts interstate trade. Tariff & Tax Reform.
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Wilson’s New Freedom 17.5
Business Reform • 1914: Clayton Anti-Trust Act • Outlawed certain biz practices • Strikes are legal • 1914: Federal Trade Commission Act • Prez appointed team looks into any biz that conducts interstate trade
Tariff & Tax Reform • 1913 – Wilson calls Congress to session and demands a decrease in tariffs • Underwood Tariff • Reduced the rates • Public support for reduction rises • Adopts income tax to defray lost $$ for gov’t
Bank Reform • Banking is focused in NYC & Boston • Need ways to get $$ and credit all over nation • 1913: Federal Reserve Act • Could issue money in emergencies • US divided into 12 districts
Women’s Suffrage • Young, college educated women join movement • Influenced by English women’s movement • Protests and heckle politicians • National Movement (NAWSA) led by Carrie Chapman Catt • Working state by state • Alice Paul forms National Women’s Party • Works for national amendment • Picket White House • Go to jail; hunger strike • 1919: Women support in WW I finally gains them the right to vote • 19th Amendment