1. Wilson’s New Freedom Progressive ideals
Attack concentration of power, give greater freedom
Attack “triple wall of privilege”
Trusts
Tariffs
High Finance
* Workers rights

2. Action Against Trusts Monopolies should be destroyed
Clayton Antitrust Act: outlawed practices that restricted competition
Cannot acquire stock of another if it creates a monopoly.
Can’t limit competition in stores based upon another’s product
Can’t charge different people different prices
Labor/Farm unions can exist and are protected
Strikes, boycotts, peaceful picketing were legal

3. Antitrust Legislation
Federal Trade Commission (FTC): monitor US business
Investigate violations of regulation
Require reports from corporations
Ended many unfair trade practices, those that hurt competition
400 cease and desist orders to companies for illegal activities

5. New Tax System
Curb BIG Business by reducing tariff rates; assist consumers and manufacturers
Improve products, lower $ to keep up with foreign competition
Underwood Tariff Act:
Cut tariff rates for 1st time since Civil War (lost revenue?)
16th Amendment (1913):
Graduated Federal Income Tax – More income, higher tax
Provided more revenue, still main source of revenue today

6. High Finance Reform
Banking failures led Wilson to seek public confidence in US banking.
Federal Reserve Act of 1913:
Divided nation into 12 districts, a regional bank in each
National supervision, set interest rates
Held portion of deposits for emergencies
Could transfer funds between banks
Serves as banking system today
Very significant US legislation
* Page 310 provides more info

7. Women Win Suffrage 2 main groups National Woman Suffrage Association
*Constitutional Amendment
American Woman Suffrage Association
* State gov’ts 1st then amendment
The 2 form National American Woman Suffrage Association (NAWSA)

8. 19th Amendment
Civil Disobedience led Alice Paul to form National Woman’s Party
Carrie Chapman Catt led NAWSA to help pass a Senate vote
th Amendment ratified
Alice Paul
Carrie Chapman Catt

9. Legacy of the Progressive Era
Progressive Presidents expanded role of Federal Government and power of the President
US citizens expect government to solve social and economic issues
Failure to protect from racial/religious discrimination
Progressivism takes back seat to global conflict
For Wilson, 1st Imperialism issues and now World War