APUSH Chapter 29

23 August 2022
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Herbert Croly
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progressive thinker that wrote The Promise of American Life; the book agreed with TR's old policy of leaving good trusts alone but controlling bad trusts
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Arsene Pujo
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chairman of the Democrat House committee; concluded that the "money monster" was rooted in the banking system. Made aware the tentacles of the "money monster" into the hidden vaults of American business and bankers to democratic banking reformers.
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Wilson's Platform
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New Freedom; supported small business and wanted to bust all trusts, not distinguishing good or bad. The plan did not include social welfare programs.
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TR's New Nationalism
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pushed for leaving good trusts alone but controlling bad trusts, female suffrage and social programs such as minimum wage laws social insurance programs.
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Wilson's political philosophy
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He believed in the "self-determination" policy of post-WWI where the people chose their government. He was more of an idealist man, rather than pragmatic. However, like Teddy Roosevelt, he believed the president should strike out and lead the country.
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The Underwood Tariff Bill
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It considerably reduced tariff rates on imports. It also started a graduated income tax; as the tax rate went up as a person's salary went up.
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Federal Reserve Act
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Most important piece of economic legislation between the Civil War and the New Deal. It created the Federal Reserve Board (appointed by the president) this oversaw 12 regional, federal banks. The Federal Reserve Board was given the power to issue paper money;"Federal Reserve Notes". Thus, it could regulate the amount of money in circulation by issuing, or holding back, paper money.
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Clayton Anti-Trust Act
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It added to the Sherman law's list of objectionable trust practices by forbidding price discrimination; a different price for different people, and interlocking directorates; the same people serving on "competitors" boards of trustees. It also exempted labor unions from being considered trusts and legalized strikes as a form of peaceful assembly. Ultimately helped cut down on monopolies.
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Federal Trade Commission Act
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set up a position, appointed by the president, to investigate activities of trusts. The goal would be to stop trade practices deemed unfair such as unlawful competition, false advertising, mislabeling, adulteration, and bribery.
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Federal Farm Loan Act
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Made credit available to farmers at low rates of interest (long demanded by the Populists) offered low interest loans to farmers.
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La Follette Seamen's Act
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Required sailors to receive good treatment and a decent wage while on American merchant ships.
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Workingmen's Compensation Act
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offered help to federal civil-service employees during a time of disability.
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Luisitania
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a British cruise liner that was the greatest U-boat attack; Nearly 1,200 souls were killed in the attack, including 128 Americans. Was carrying 420 cases of small-arms ammunition, a fact the Germans used to justify the sinking.
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Sussex Pledge
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this was given in response to the sinking of a French passenger ship, Sussex, in 1915, it said that Germany promised that no attacks would be made on ships without warning. Germany quickly realized that such a pledge undermined the purpose of a submarine (surprise attack). They retracted the pledge and reverted back to unrestricted submarine warfare.
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Triple Entente/ Allies
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Great Britain, France, Russia
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Triple Alliance/Central powers
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Germany, Austria-Hungary, Italy
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Roosevelt wanted the federal government to regulate the economy and promote social welfare, while Wilson wanted to restore economic competition and social equality.
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The basic contrast between the two progressive andidates, Roosevelt and Wilson, was that
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Taft and Roosevelt split the former Republican vote
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Wilson won the election of 1912 primarily because
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his tendency to be inflexible and refuse to compromise
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Wilson's primary weakness as a politician was
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the tariffs, the banks, and the trusts
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The "triple wall of privilege" that WIlson set out to reform consisted of
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a federal income tax
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During the Wilson administration, Congress exercised the authority granted by the newly enacted 16th Amendment
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the Federal Trade Commission
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The new regulatory agency created by the Wilson administration in 1914 that attacked monopolies, false advertisting, and consumer fraud was
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agricultural and labor organizations
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While it attacked business monopolies, the Clayton Anti-trust Act exempted from antitrust prosecution
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establishing a publicly controlled Federal Reserve Board with regional banks under bankers' control
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Wilson effectively reformed the banking and financial system by
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blacks
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Wilson's progressive policies and laws substantially aided all of the following groups except
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to refuse recognition of General Huerta's regime but avoid American intervention
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Wilson's initial attitude toward the Mexican revolutionary government was
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Argentina, Brazil, and Chile
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The threatened war between the United States and Mexico in 1914 was avoided by the mediation of the ABC powers, which consisted of
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the killing of American citizens in New Mexico by "Pancho" Villa
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General Pershing's expedition into Mexico was sent in direct response to
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the German invasion of neutral Belgium
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The sympathy of a majority of Americans for the Allies and aainst Germany was especially conditioned by
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cease from sinking neutral merchant and passenger ships without warning
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After the Lusitania, Arabic, and Sussex sinkings, Wilson successfully pressured the German government to
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"He kept us out of war"
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Wilson's most effective solgan in the campaign of 1916 was
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bull moose
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Four-footed symbol of Roosevelt's Progressive third party in 1912
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Socialist
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A fourth political party, led by a former labor union leader, that garnered nearly a million votes in 1912
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New Freedom
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Wilson's poltical philosophy of restoring democracy throguh trust-busting and economic competition
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Federal Reserve Board
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A 12 member agency appointed by the president to oversee the banking system under a federal law of 1913
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Clayton Anti-Trust Act
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Wilsonian law that tried to curb business monopoly while permitting labor and agricultural organizations
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Railway Labor Act
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Wilsonian reform law that established an eight-hour day for railroad workers
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Haiti
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Troubled Carribean island nation where a president's murder led Wilson to send in the marines and assume American control of the police and finances
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California
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Key electoral state where a tiny majority for WIlson tipped the balance against Hughes in 1916
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Samuel Gompers
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Labor leader who hailed the Clayton Anti-Trust Act as the "Magna Carta of labor"
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General Huerta
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Mexican revolutionary whose bloody regime Wilson refused to recognize and nearly ended up fighting
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Venustiano Carranza
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Second revolutionary Mexican president, who took aid from the US but strongly resisted American military intervention in his country
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Belgium
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Small European nation whose neutrality was vilated by Germany in the early adys of WWI
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Serbia
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Small European nation in which an Austro-Hungarian heir was killed, leading to the outbreak of WWI