Wednesday, October 27, 2010

Homework 10/27/10 and Class notes

1.) Was Taft a true “progressive”? Make a list of points for and against.
Yes
• Deep belief in the law and people - has progressive ideas
• Man-Elkins Act - improving working conditions
• 16th and 17th amendment
No
• Still believes that big businesses should succeed
^--->Payne-Aldrich Tariff (example)
2.) Who were the contenders in the 1912 election? What were the election returns?
• Eugene V. Debs - Socialist
• Woodrow Wilson - Democrat
• Teddy Roosevelt - Progressive Party
• William Taft - Republican
• Woodrow Wilson won
3.) Define Wilson’s, “New Freedom”, platform
• Based on Progressive lawyer Louis Brandeis
• “Concentrated economic power threatens individual liberty” (602)
• Wilson also believed that monopolies had to be broken up so marketplace could be “more open”
4.) What reforms were passed during Wilson’s presidency?
• Blend New Freedom competition w/ New Nationalism comp.
• Federal Trade Commission
- Federal "Watchdog" Agency
- Investigated illegal business activity

• Wilson's Progressive Reforms
• Federal Tax & Underwood Tariff
- Supplemented tariff income
• Clayton Anti-Trust Act 1914
- strengthens Sherman Antitrust Act
- prohibited monopolies
- Labor Unions are allowed to exist/right to boycott

No comments:

Post a Comment