Lesson Summary: Reformers in the White House
Reformers in the White House
Theodore Roosevelt's Presidency (1901)
Background: Theodore Roosevelt was a war hero, seasoned politician, and dedicated reformer.
Trust Busting: He utilized the federal government's power to take on big businesses, breaking up trusts he deemed abusive.
Hepburn Act (1906): Roosevelt influenced Congress to pass the Hepburn Act, which limited railroad shipping charges.
Conservation: Roosevelt placed millions of acres of forests under federal control.
He followed the "rational use" principle, advocated by Gifford Pinchot, head of the Division of Forestry, to protect forests as lumber sources.
National Reclamation Act: Roosevelt pushed for this act to resolve water source disputes in the West.
It empowered the government to build and manage dams, controlling water usage.
Transition to Taft and Roosevelt's Disappointment
Succession: After two terms, Roosevelt wanted William Howard Taft to succeed him.
Disagreement: Taft diverged from Roosevelt's policies, leading to Roosevelt's disappointment and criticism.
New Nationalism: Roosevelt promoted this program to restore the government's trust-busting capabilities.
1912 Election and the Progressive Party
Progressive Party: Progressives formed this party and nominated Roosevelt for President.
Republican Split: Roosevelt and Taft divided the Republican vote, enabling Democrat Woodrow Wilson to win the 1912 election.
Woodrow Wilson's Presidency and New Freedom
Shared Ideology: Like Roosevelt, Wilson was a reformer who advocated for an active governmental role in the economy.
New Freedom: Wilson's three-part program:
Tariff Reduction: Wilson aimed to prevent manufacturers from charging unfairly high prices by cutting tariffs on imported goods, fostering competition and fairer pricing.
Federal Reserve Act: This law empowered the government to supervise banks by placing national banks under the control of the Federal Reserve Board.
Federal Trade Commission (FTC): Wilson established the FTC to monitor business practices, prevent false advertising, and ensure honest labeling.
Impact of Progressivism
Political Reforms: Expanded the power of voters.
Economic Reforms: Enabled government regulation of corporations and banks in the public interest.
Consumer Protections: Increased public confidence in product safety.
Natural Resource Management: The government began managing natural resources nationwide.