- Background on Wilson
- Wilson's dad was a Presbyterian Minister, so he came from humble background.
- Went to Davidson and studied law at Princeton University, and eventually became president of the university.
- One of Wilson's faults was his lack of ability to compromise because he was so smart.
- The "New Freedom"
- Wilson was going to attack the triple wall of privilege. There were three ways that Wilson would go about them:
- Stronger anti-trust laws (unlike Teddy who believed that some trusts could be good)
- Banking reform: banking was still out of control
- Tariff reductions: the tariff was still too high.
- Wilson Tackles the tariff
- Didn't like the tariff because it hurt everyone, but especially the poor people.
- Underwood Simmons Tariff Bill in 1913 reduced the tariff dramatically to 20 something %. This act also implemented a graduated income tax.
- By 1917 revenue from income tax surpassed revenue from tariff.
- Wilson Battles the Bankers
- Other peoples' money was the inspiration behind the second attack on banking.
- Wilson passed the Federal Reserve Act in 1913
- created a nation wide system of 12 banks, all overseen by the Federal Reserve Board.
- The Board could increase or decrease the nations money supply through interest rates and the sale of Treasury Notes or "T-bills"
- Wilson Tames the Trusts and HC
- The Federal Trade Commission Act was passed (Brandies' Help in Congress) 5 parts to it
- 1
- 2
- 3
- 4
- 5
- The Clayton Antitrust Act of 1914
- Completes the Sherman Antitrust Act of 1890
- Prohibited businesses from selling at lower prices to certain favored purchasers if it creates a monopoly
- "Trying Contracts" (a contract that requires the purchaser to agree not to buy or sell the products of a competitor) are prohibited
- Interlocking directories illegal in companies worth more than $1 million
- Prohibits one corporation from acquiring the stock of another if the purchase creates a monopoly
- labor unions and farm organizations are legal
- this act limits the use of injunctions to break up violent strikes
- strikes, boycotts, pickets, and protests are all legal
- Other Programs
- Federal Farm Loan Act of 1916: made credit with low interest available to farmers
- Smith-Lever Act of 1914: Federal money for schools including extension agents
- Smith-Hughes Act of 1917: Federal money for vocational education for urban and rural kids
- Keating-Owen At of 1916
- World War 1 Acts were passed because the US wanted to maximize weapon production
- Seaman Act of 1915: protected the sailors
- Adamson Act of 1917: protected the railroad wokers
- The Federal Trade Commission Act was passed (Brandies' Help in Congress) 5 parts to it
- Wilson was going to attack the triple wall of privilege. There were three ways that Wilson would go about them:
- Limits of Wilsonian Progressivism
- Fought against Women's Suffrage as long as he possibly could
- Progressivism stopped with the Blacks- the Federal Bureaucracy became more segregated (re-segregated)
- Lynchings in the South
- "Birth of the Nation" by DW Griffith was the 1915 Silent Film that glorified the KKK. This movie gave rebirth to the clan.
- After the Triangle Shirtwaist Factory Fire in NYC, ILGWU membership surged, women's suffrage gained momentum, but less women were hired in the workplace.
- A note on Wilson's Cabinet
- Colonel House was an oddity in Wilson's cabinet, since he didn't have a specific job and he actually wasn't a Colonel.
- He was called Wilson's "One-man kitchen cabinet" by the press.
- House was an honorary member of the Kentucky state militia, which was why he was called a Colonel.
- Colonel House was an oddity in Wilson's cabinet, since he didn't have a specific job and he actually wasn't a Colonel.
Hey guys its Frances! I graduated from Grimsley in 2016 and I'm not posting new notes anymore, but I hope this helps some of you out! Good luck in high school. Just know that it eventually does pay off, I promise! Stay golden :)
Monday, April 13, 2015
Wilsonian Progressivism
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