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The Taft Presidency

The Taft Presidency. Chapter 5 Section 3. Wednesday, February 29, 2012. Daily goals: Understand how the Payne-Aldrich tariff failed and how it affected Taft’s popularity. Understand Taft’s effectiveness and a trust buster. Ch 5.2 Notes Analysis-

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The Taft Presidency

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  1. The Taft Presidency Chapter 5 Section 3

  2. Wednesday, February 29, 2012 • Daily goals: • Understand how the Payne-Aldrich tariff failed and how it affected Taft’s popularity. Understand Taft’s effectiveness and a trust buster. • Ch 5.2 Notes Analysis- • Using 2-3 examples from below explain how TR helped the average American • Examples-Meat Inspection Act, FDA, Sherman Anti-Trust Act, Hepburn Act

  3. Roosevelt’s right hand man

  4. President William Howard Taft • Taft was TR’s hand picked successor who easily won the election of 1908. • Taft was not a dynamic, outgoing leader. He didn’t like politics and was more of an administrator.

  5. Example • American Tire Co can produce and sell a tire for $100 • Chinese Tires Co can produce and sell a tire for $80 • American tire makers ask Congress to pass a 50% tariff on foreign made tires and the law is passed. • The $80 Chinese made tire now has $40 tax added making the cost $120. • Customers now have to pay more for tires. • American companies avoid foreign competition.

  6. Tariffs • Tax on an imported good which makes it more expensive. • Made products more expensive for Consumers. • Protected businesses from foreign competition. • Do you think Progressives supported higher or lower tariffs? Why? • Who do Progressives want to help? Businesses or People?

  7. Payne-Aldrich Tariff • Taft’s attempt to lower tariffs. • Taft’s poor negotiating made the tariff weak. • Hardly cut tariffs and actually raised them on some goods. • Progressives felt betrayed and lost faith in Taft.

  8. The Trust Busting Champion! • Taft broke twice as many trusts in 4 years as TR did in 7 years.

  9. Roosevelt Makes a Comeback • Taft lost support of most Progressives who then approached TR to come back and take the Republican nomination from Taft in 1912.

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