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Progressivism. Review Created By: Michael Crews. Theodore Roosevelt. Panama Canal – needed to ferry merchants and military through Central America instead of around South America U.S. acquired land from Columbia through revolt and money Created the country of Panama and then built canal

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Created By:

Michael Crews

theodore roosevelt
Theodore Roosevelt
  • Panama Canal – needed to ferry merchants and military through Central America instead of around South America
    • U.S. acquired land from Columbia through revolt and money
    • Created the country of Panama and then built canal
  • Roosevelt Corollary – Only the U.S. would/could intervene in affairs of Latin America
    • Collect debts owed to other nations (including Europeans)
    • Maintain the peace
  • Great White Fleet – 16 brand new battleships sent on a global “goodwill” mission
    • Really served to show the military might of the U.S.
  • Trust-busting – Roosevelt used Sherman Anti-Trust Act to break up monopolies
    • Roosevelt took the matter to Supreme Court in 1902 and won
  • Muckrakers – journalists who investigated and wrote articles to expose injustice, corruption, and spark social change
    • Helped influence the creation of legislature
    • Important writings and authors:
      • Wealth Against Commonwealth- Henry Demarest Lloyd = investigated monopolies like Standard Oil Company
      • History of Standard Oil Company- Ida Tarbell = also targeted Standard Oil
      • How the Other Half Lives- Jacob Riis = used photography to illustrate living conditions of urban poor
      • The Shame of the Cities- Lincoln Steffens = municipal corruption
      • The Jungle- Upton Sinclair = described unsanitary conditions of meat packing plants
regulatory legislation
Regulatory Legislation
  • Elkins Act (1903)- instituted penalties for giving and receiving railroad rebates
  • Hepburn Railroad Regulation Act (1906) – gave Interstate Commerce Commission power to control railroad rates, inspect books, assign a uniform standard of bookkeeping
  • Meat Inspection Act (1906) - required federal inspectors to examine meat
  • Pure Food and Drug Act (1906) – allowed federal government to regulate the sale of medicine and food
progressivism on the state leve l
Progressivism on the State Level
  • Direct Primary – to elect nominees for office instead of political machines
  • Legislative Initiative – allowed the electorate to vote directly on specific legislation
  • Referendum – allowed electorate to vote to accept or reject government legislation
  • Recall – allowed electorate to vote out officials in special elections
  • Robert La Follette – Worker’s Comp., Environmental Conservation, Higher taxes on railroads and corporations, First Modern State Income Tax
taft and wilson
Taft and Wilson
  • Taft = Dollar Diplomacy, More Trust-Busting
    • Believed smaller, developing nations would support the U.S. if we gave them $
    • Did not work
    • Broke up Standard Oil and went after U.S. Steel
  • Wilson = Pro State’s Rights and Economic Reform
    • Compromised New Nationalism and New Freedom Plans
      • New Nationalism = Greater regulation of business, graduated income tax, tariff reform, strong central government
      • New Freedom = Support small business, limited federal government, state’s rights
economic and business changes
Economic and Business Changes
  • Underwood-Simmons Tariff (1913) – lowered protective tariffs
  • Glass-Owen Federal Reserve Act (1913) – established a system of 12 regional Federal Reserve banks. Each bank came under the supervision of the Federal Reserve Board.
  • Clayton Anti-Trust Act (1914) – outlawed unfair business practices
  • Federal Trade Commission Act (1914) – created a regulatory board (Federal Trade Commission) to prosecute businesses engaged in illegal practices