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Progressives in the White House. Chapter 22, Section 3 p. 638-643. TEDDY ROOSEVELT. T. Roosevelt becomes prez after McKinley is assassinated on 9-14-1901 Youngest person to become U.S. prez (42) Republican Long history of public service (NY leg-Asst. Secretary of the Navy). TR as president.
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Progressives in the White House Chapter 22, Section 3 p. 638-643
TEDDY ROOSEVELT • T. Roosevelt becomes prez after McKinley is assassinated on 9-14-1901 • Youngest person to become U.S. prez (42) • Republican • Long history of public service (NY leg-Asst. Secretary of the Navy)
TR as president • Reputation for being a Trustbuster • Broke up several trusts: Northern Securities Co., Standard Oil Co., American Tobacco Co • Supported labor-1902 PA mine strike-ordered mine owners to negotiate with workers
Square Deal-everyone should have the same opportunity to succeed • 1906 ICC gets power to set railroad rates • 1906 Pure Food and Drug Act-required food and drug makers to list ingredients on packages • Conservationist-194k acres of land set aside for national parks
Roosevelt to Taft • TR endorses William H. Taft for prez in 1908 • Taft wins election
Taft Administration • Broke up more trusts than TR (+) • Approved new safety measures in mines (+) • 8 hour workday for govt workers (+) • Child labor issues addressed (+) • Raised tariffs (-) • Fired Forest Service official (-)
1912 Election • Taft-Republican • TR-Bull Moose • Woodrow Wilson-Democrat • Wilson wins b/c Republican party is split
Wilson Administration • New Freedom-breaking trusts into smaller companies to promote competition • Lowered 1909 tariff • Passed graduated income tax • 1913 Federal Reserve Act-set up system of federal banks…govt has power to lower and increase interest rates
Federal Trade Commission (FTC)-estb 1914-power to investigate company practices • Clayton Antitrust Act-1914…stronger than SATA • Most reforms end in 1914…why???