The Election of 1990 and the Succession of Theodore Roosevelt
Election of 1901 Mckinley, and vice president vice presidential candidate Theodore Roosevelt easily defeated Williams Bryan New York political bosses have Roosevelt nominated for VP to keep him from gaining power Felt it was a powerless position Assassination of President Mckinley Sept 6 1901 William Mckinley shot at an expositio in Buffalo, NY Died 8 days later Assassin Leon Czolgosz Roosevelt became the youngest US president at age of 42 Reformers The progressives and their objectives: WEB Dubois-Black Leader in the early 1900s who fought for civil rights Founder of the Niagara Movement-Demanded for blacks all their human rights at once. Niagara movement helped create NAACP in 1909-National Association for the advancement of colored people Fought for AF to AM political rights Booker T Washington-Founder of the Tuskegee Institute Trained many blacks to be better farmers and mechanics Felt they should train quickly for jobs they could do with their hands Self respect, self education, and self help would bring blacks the opportunities they desired Muckrakers: Journalists and novelists who investigated and exposed corruption and other illegal activities Upton Sinclair: Wrote the Jungle-Described the miseries of workers in the stockyard and rotten meat packaged for sale Meat Inspection Act and Pure Food and Drug Act were passed 1906 Pure Food legislation was passed Consumer Protection Meat Inspection Act 1906 Federal officials inspect all meat shipped Checked to see if all animals were healthy and if meat is packaged under sanitary conditions Pure Food and Drug Act 1906 The manufacture and sale of impure food, drugs and liquors was forbidden Labels Ida Tarbell: Published attacks on the standard oil company Writing appeared in the popular McClures Magazine Lincoln Steffens: A pioneer investigative reporter
Wrote articles on the misgovernment of cities
A new force-media powers-enter politics Political and Social Reform Amendments: 16th-Made the federal income tax legal 17th-Allowed for the direct election of senators by voters In the past Senators had been elected by stage legislatures voting changes Voting Changes: Direct Primary- Enabled voters to nominate their party candidates for the general election Initiative- Voters can propose a law by petition and have it voted on by the public Referendum- The initiative is put on the ballot for voters to pass or defeat Recall- By petition, voters could force an official to stand for reelection at any time Progressives were fighting for a woman's right to vote-suffrage-first state Wyoming Political Reform: Roosevelt favored more reforms: Income and inheritance taxes, federal rules for the stock market, and more effective control of business The trend was for gov to be more involved Municipal Reform: City Manager- A trained manager trying to run the city The manager was not a politician Replaced a mayor, worked well in small cities State Reform Robert Battling Bob Laffollette-Elected gov of Wisconsin-1900 Enacted Progressive measures: Direct Primary, Railroad, Commission's, Civil Service, restrictions on lobbying Roosevelt called Wisconsin's a laboratory for Democracy Roosevelts Domestic Program Square Deal Anthracite coal strike 1902 Workers hadn't seen a pay raise in 20 years Roosevelt brought the striking workers and the owners together Roosevelt showed how federal government could help Govt action was considered to be fair to both labor and management Coal Miners-9hrs day & 10% raise Trust Busting Northern Securities Case A holding company that dominated the railroads of the northwest Roosevelt sued under the sherman antitrust act The supreme court ordered the company dissolved Roosevelt's Trust Busting Philosophy Moved against other unpopular trusts: beef, oil, tobacco Felt the government should break up large corporations only when they hurt the public Conservation
Increased national forests by almost 150 million acres
Created US Forest service;headed by Gifford Pinchot Pinchot planned reforesting the re planting of trees Taft administration at home Election of 1908 William Howard Taft, the secretary of war, was Roosevelt's hand picked successor Taft easily defeated William J Bryan Taft as a Progressive Most felt that taft would follow Roosevelt in fighting for reform Many progressives felt he did not fight for anything Taft and Trust Busting Did not make the distinction between good and bad trusts like Roosevelt Indict all trusts and and allow courts to decide which trusts were good or bad Payne Aldrich Tariff High tariffs were becoming a problem consumer traits were raising;Taft promised to lower tariffs The payne aldrich tariff was actually raised this upset the progressives Election of 1912 The Primaries: The Republican party was badly split The issue of conservation of natural resources caused a split between Roosevelt and Taft Democratic nominee: Woodrow Wilson-Gov of New Jersey Republican Nominee: William Howard Taft Progressives Republicans were very upset Taft was the nomination Progressive Republicans pursued Roosevelt to run on a 3rd party ticket- Bull Moose Party Wilson won easily Taft and Roosevelt split the republican vote giving Wilson The victory Wilsons Domestic Program: New freedom Underwood Tariff: The underwood simmons tariff reduces taxes about 11% from the Paybe Alrich Tariff Federal Reserve Act: 12 Districts Created a more flexible Currency Federal Reserve Note Also to help a run on the banks
Federal Reserve System
All national banks had to
be part of the federal reserve system Divided by the county in 12 districts, each with a federal reserve bank
Federal Reserve System
Federal reserve banks
held member banks reserves and lent money to member banks when needed
Each was supervised by a
federal reserve board Appointed by the president Clayton Antitrust Acts Gave unions the right to exist Manufacturers could not charge different buyers different prices Federal Trade Commision created to monitor bizness could issue cease and desist orders against companies unfair trade