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William Taft and Woodrow Wilson. William Taft (R). A R eluctant President. Graduated 2 nd in his class from Yale Law Loved and respected the law and legal system, devoting much of his time and life to the court system
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A Reluctant President • Graduated 2nd in his class from Yale Law • Loved and respected the law and legal system, devoting much of his time and life to the court system • Roosevelt saw Taft as being the best option to replace him, despite their different personalities.
Taft’s Policies • Replaced much of the Roosevelt administration with corporate lawyers. • Continued some of Roosevelt’s work in busting trusts • Largest blunders came in dealing with tariffs • Payne – Aldrich Tariff lowered some tariffs but raised many others, thus hurting free trade.
Roosevelt and the Progressive Party • Taft is losing public support for his actions with tariffs and the firing of Chief Forester, Gifford Pinchot • Supports Richard Ballinger His Secretary of the Interior who supports Big Business and thus hurting conservation efforts • Created the “Bull Moose Party” (a reformed version of the Progressive Party) to run in the 1912 election because he was as “strong as a moose”
The Election of 1912 • Woodrow Wilson represents the Democrats • William Howard Taft represents the Republicans • Theodore Roosevelt represents the Bull Moose Party • Eugene V. Debs represents the socialist party • Why does Wilson have an advantage?
Woodrow Wilson • First Democrat to be elected in 20 years • Replaces William Taft in 1912 • Appoints many Democrats to government jobs • Eg William Jennings Bryan as secretary of state
Economic Reforms • Makes tariff reduction his main priority (eg Underwood Tariff Act) • 16th amendment – allows the federal government to pass tax on people’s income
Reforming banking and regulating big business • Pushed for more laws to regulate monopolies (eg Clayton Antitrust Act) • Stated that labor unions had the right to strike and bargain collectively • Establishes the Federal Trade Commission (FTC) • What does the FTC do today? • Enforces business regulations and establishes standards for advertising, labeling, etc.
Social Policy • Was a firm advocate of the 10th amendment • Caught a lot of heat from activists such as W.E.B. Du Bois • Failed to keep campaign promises to help African Americans