Theodore Roosevelt Political Party Republican turned Progressive Bull

Theodore Roosevelt Political Party Republican turned Progressive (Bull Moose) Party 1912 • New Nationalism Platform • Protect workers, ensure public (name and health, regulate business general • “Return to Progressive Ideals” description Woodrow Wilson Democratic Party New Freedom Tariff reduction Banking reform Stronger antitrust legislation Triple wall of privilege “banks/tariffs/trusts Examples • 1913 Underwood Tariff Act—lowest of level in 50 years • 1903 Elkins Act—RR’s will be corporate • 1914 Clayton Antitrust Act— fined if they provide special regulation strengthened Sherman Antitrust Act, rebates to favored shippers / anti-trust • 1906 Hepburn Act—regulated legalized strikes, boycotts, picketing efforts prohibited buying stock of competing RR rate & set maximums • 1904—Breaking up of Northern companies • 1914 created Federal Trade Securities Trust • • •

Theodore Roosevelt • 1902 United Mineworkers Examples of Strike in intervention on efforts on laborers behalf of • Square Deal labor / • 1905 Antiquities Act – ordinary Americans established Forest Service Woodrow Wilson Poor civil rights record • Segregated the Federal Government • and National Monuments Reform efforts (most significant and/or noteworthy 16 th Amendment –graduated • 1906 Meat Inspection Act income tax (1913) • 1906 Pure Food and Drug Act • Fed. Reserve Act—created Fed. • 1902 Newlands Reclamation Reserve from which banks can Act –Federal govt distributes borrow to prevent collapse water in SW • 3 tiered system—Fed. Reserve Bank, 12 Fed. Reserve Banks, private banks •