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Taft & Wilson Administrations. Taft v. William Jennings Bryan. Payne-Aldrich Tariff upset progressives Barely cut tariffs. Taft v. William Jennings Bryan. Ballinger-Pinchot Affair Controversy over the sale of public lands Ruined Taft’s administration. Progressive Reforms.
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Taft v. William Jennings Bryan • Payne-Aldrich Tariff • upset progressives • Barely cut tariffs
Taft v. William Jennings Bryan • Ballinger-Pinchot Affair • Controversy over the sale of public lands • Ruined Taft’s administration
Progressive Reforms • Broke up many trusts (more than T. Roosevelt) • Children’s Bureau: Gov’t organization for women and children • Mann-Elkins Act: regulated telecommunications
Wilson Years • Election of 1912 • “Bull-Moose Party”: T. Roosevelt tried to win the Republican nomination from Taft because he believed Taft did not live up to progressive ideals • Wilson wins because the Republican vote was split
Wilson Years • Wilson wins • Underwood Tariff • lowered basic tariff rates from 40% to 25% • 1913- reinstates 16th Amendment (income tax)
Wilson Years • Federal Reserve System: Allowed banks to borrow $ • Federal Aid/Welfare • Child Labor Laws • Federal Farm Labor Board: Provide low interest loans to farmers
Wilson Years • Clayton-Antitrust Act: got rid of price discrimination • Federal Trade Commission: Restricted business activities that limit competition unfairly
Progressivism and the call for reform died out because of the call for war in WWI