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How did Roosevelt take office?
After McKinley’s assassination in 1901
What was Roosevelt’s programme of reform known as?
The Square Deal
How many anti-trust prosecutions did Roosevelt embark on?
44
When was the Northern Securities Company (rail) declared illegal by the Supreme Court?
1904
When and what was the Elkins Act?
1903- allowed for heavy fines on railroad companies offering rebates to big business
When and what was the Hepburn Act?
1906- authority to set maximum railroad rates and inspect companies’ records
Who opposed the Interstate Commerce Commission?
Senate, and Supreme Court reduced effectiveness
When did Roosevelt prove himself a successful arbiter?
1902 anthracite coal strike
What did Taft do? (3)
Promote anti-trust legislation, introduce 8hr day for govt employees and mine safety legislation.
What was Wilson’s programme called?
New Freedom
When and what was the Underwood tariff?
1913, reduced many customs duties and freed other items entirely
When was the federal income tax?
1913
When and what was the Federal Reserve Act?
1913, created a Federal Reserve Bank to supervise 12 banking districts.
What did the Federal Reserve Act address?
Inflation, by increasing interest rates and vice versa
When and what was the Federal Trade Commision?
1914, formed to investigate ‘unfair’ practices
When and what was the Clayton Anti-Trust act?
1914, made unfair business practices illegal