Presentation on theme: "Ch 9.5 – Wilson’s New Freedom"— Presentation transcript:
1 Ch 9.5 – Wilson’s New Freedom Woodrow Wilson establishes a strong reformAgenda as a progressive leader.Wilson Wins Financial ReformA. Wilson’s Background1. Lawyer – Princeton graduate2. Professor at Bryn Mawr College3. President of Princeton4. New Jersey GovernorB. As president he focuses on trusts, tariffs,high finance (banking)
5 II. Two Key Antitrust Measures - TRUSTS A. Clayton Antitrust Act - Stopped companies from buying stock to form monopoly (goes after interlocking directorates)B. Ended injunctions against strikersunless threatened irreparable damageC. Federal Trade Act established the Federal Trade Commission (FTC) –New“watchdog” agency1. Investigated regulatory violations2. Ended unfair business practices
8 III. Wilson Wins Financial Reforms A. A New Tax System1. Wilson pushed for Underwood Actto substantially reduce tariffs2. Set the precedent of giving State ofthe Union message in person3. Use of the bully pulpit lead topassageB. Federal Income Tax1. Sixteenth Amendment2. Legalized graduated federal incometax
10 C. Federal Reserve System 1. Federal Reserve System – privatebanking system under federal control2. Nation divided into 12 districts;central bank in each districtIV. Women Win SuffrageA. Local Suffrage Battles1. College-educated women spreadsuffrage message to working-class2. Women went door-to-door, tooktrolley tours, gave speeches at stops- some adopted bold tactics ofBritish Suffragists
12 Federal Reserve Bank of New York - Gold Bars are held in 122 compartments in the main And auxiliary vaults.
13 B. Catt and the National Movement 1. Carrie Chapman Catt, head of NAWSA2. Stressed organization, lobbying3. National Woman’s Party aggressivelypressured for suffrage amendment4. Work of patriotic women in war effortinfluenced politicians (Wilson)Nineteenth Amendment grantedwomen the right to vote
17 The Limits of Progressivism A. Wilson and Civil Rights1. As candidate, won support of NAACPfor favoring civil rights2. As president, opposed antilynchinglegislation3. Appointed fellow white Southernersto cabinet who extendedsegregation4. NAACP felt betrayed; Wilson ‘sself-defense widened riftB. The twilight of Progressivism--Outbreak of World War I distractedAmericans; reform efforts stalled