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Northern Security Company
a transportation monopoly that had the masterminded by J.P. Morgan
Progressives
Teddy Rosevelt won the support of who when he instituted proceedings against the Northern Security Company
J.P. Morgan
wealthiest person in the world at that time, has first trust to be busted- used sherman antitrust act
Titians of Finance
Who Teddy Roosevelt called the malefactors of great wealth in o win the support of the progressive
Trust Buster
Nickname for Teddy Roosevelt from progressives
William Howard Taft
Roosevelt's conservative successor, ran for President in 1908, signed Payne-Aldrich Tariff, father of federal budget
3 MULTIPLE CHOICE OPTIONS
Great Coal Strike of 1902
during what event did Roosevelt win the support of many workers by forcing the owners to accept a compromise with the miners
Conservative Republicans
who did Rosevelt win by allowing most of McKinley's cabinet to keep their jobs
Mark Hanna
who was the challenge for the 1904 republican presidential nomination
leaders who advocated the doctrine of socialism
who did Rosevelt detest?
origin of the conservation movement
efforts to preserve and protect American natural resources
Eugene Debs, William Jennings Bryan, and Howard Taft
who were candidates for the 1908 presidential election
44
How many trusts did Rosevelt break?
90
how many trusts did Taft break?
Labor Department
what did Taft create so that workers are always represented
Big Business
Because Taft won the election, it shows that Rosevelt's anti-socialists strategy of reforming the worst practices of WHAT had been successful
Payne-Aldrich Tariff (41%)
signed by Taft, constitutional amendment that would allow a graduated income tax (lowered 650 items, raises 220 item)
Joseph G. Cannon
Speaker of the House under President Taft, many progressive republicans openly opposed him
progressive party
the new political party in the 1912 election
bull moose
Symbol for Progressive Party
Teddy Roosevelt
Who did the progressive party nominate for the 1912 election
Democratic party
what political party was Woodrow Wilson belong to?
a representative of each party's factions
who did Woodrow Wilson include in his cabinet?
1914
when did Wilson change his policies in an attempt to win support from progressives?
arbiter
people who hear both sides of a dispute with the understanding that their decision will be accepted by employers and employees alike
adulterants
dangerous additives
patent medicines
easily available nonprescription potions advertised as cure-alls
sustained yield
tree farming
preservationists
people who urged protection of wilderness and natural wonders, believing society without natural retreats from the bustle of modern life would soon lose its vitality and its important spiritual values
reservationists
people who were interested in conserving economically valuable natural resources for future time
forest reserves
government owned woodlands from which loggers were banned
nonrenewable resource
once used, these items cannot be replaced
reactionary
someone who wants to reserve progress
insurgents
rebel republican progressives who aligned themselves with House Democrats (mugwumps or half breeds)
New Nationalism
progressive program that Teddy Roosevelt announced for America (regulate business, promote social welfare, women suffrage)
New Freedom
Woodrow Wilson's program for American reforms
holding company
firm that hold controlling interests in other firms
John Mitchell
head of United Mine Workers, urged members to accept capitalism and fight only for higher wages and shorter hours
John Muir
ardent conservationist who helped found the Sierra Club, father of National Park System- Grand Canyon, Yosemite
Gifford Pinchot
appointed chief forester by Roosevelt and urged to transfer authority over national forests from the Department of the interior to the department of agriculture
John Wesley Powell
geologist who led the first expedition down the portion of the Colorado River that runs through the Grand Canyon
Mann-Elkins Act
forbids shippers to accept rebates from railroads
Hepburn Act
curtailed the railroad's practice of granting free passes to politicians and their families, Authorized the Interstate Commerce Commission to set maximum ratees that railroads could charge customers
Pure Food and Drug Act
gave federal inspectors the right to enter and observe procedures in all slaughterhouses; regulated the use of narcotics in patient medicines and required manufactures to list the contents of their products
Payne
lower tariffs
Aldrich
higher tariffs
16th Amendment
graduated income tax
Woodrow Wilson
Winner of the 1912 presidential election, second democrat to be president after the Civil War
Underwood Tariff
lowered import duties to less than 30%
Federal Reserve Act
established 12 district banks overseen by a 7-member federal reserve board (oversees the amount of money in circulation, impacts inflation and deflation)
Clayton Anti-Trust Act
defined the unfair business practices for which a corporation could be punished (designed to limit trusts)
Federal Farm Loan
provided easy, government-backed loans for farmers
Smith-Lever Act
provided federal funding for poor rural schools
Keating-Owen Act
limited interstate sales by companies that used those under 16 in their factories or mines
Northern Securities Company
A railroad monopoly formed by J.P. Morgan and James J. Hill which violated Sherman Antitrust Act
Northern Securities Case
The Northern Securities Company was a holding company in 1902. The company was forced to dissolve after they were challenged by Roosevelt because it violated the Sherman Anti-Trust Act, his first trust-bust.
Great Coal Strike of 1902
-miners ask for 20% raise, 9-hour workday, and recognition in United Mine Workers
-miners believed their demands were reasonable
-workday was reduced to 9 hours, 10% raise, UMW recognition was not required by owners
Dingley Tariff of 1897
57% of the value of imports
Federal Trade Commission (FTC)
An agency that regulates a variety of business practices and curbs false advertising, misleading pricing, and deceptive packaging and labeling
Sierra Club
American environmental organization. Helped promote the protection of the environment and nature, founded by John Muir